Global Vat consultancy
VAT is an indirect tax levied on the consumption of most services and also on the import of goods and services. VAT rules are highly complex, especially for businesses that operate globally and the price of getting the calculations and compliance wrong can be highly detrimental to the business.
We provide advice and support on global VAT and can help you understand the compliance obligations your business faces when trading internationally. Our specialists have a significant amount of experience in advising across a wide range of industries and can call upon the local expertise of a network of tax consultants around the world.
Our core team consists of highly experienced individuals who have been providers of VAT advice during their careers. Our focus is to offer VAT consultancy which will help business with clear and concrete advice and decision making power.
We specialize in providing an understanding of the Tax Laws and Executive Regulations also understanding your business model and evaluation of VAT’s impact on your business. We provide inputs using VAT compliant software, exclusive VAT bookkeeping assistance thus helping you to prepare and execute all VAT related communication to your trade partners and provide strategic inputs for conducting your business more economically and effectively.
The Global VAT consultancy services that we provide includes:
- VAT risk, cost and/or process reviews
- Support in deciding VAT liabilities and place of taxation rules
- “One off” transactional VAT support, e.g. with respect to mergers and acquisitions
- VAT impact assessments for new products and supply chains
- VAT help line services
Our main focus is on offering practical, ethical advice to our clients to help ensure proper compliance and fair cost Management.
Taxation Services
In recent times, tax environment has changed dramatically and has become more complex. The governments have taken steps to make the organizations to come under the tax scanner. Special incentives have also been declared in the form of tax advantages to attract investments and promote economic development. The corporate tax rates are being reduced and steps are being taken to phase out certain deductions.
The Rootbiz Tax team offers a full spectrum of specialized tax services from managing tax matters just like an in-house tax team to independent business advisory, business structuring, assistance in tax compliance, and litigation and representation support. Our services are aimed at supporting businesses in running efficiently and effectively, with strong accountability and governance. Our team of tax professionals is constantly in the process of helping clients keep up with the necessary compliance and address their tax concerns.
We offer integrated services - advisory and assistance to procedural compliance under both – Direct and Indirect Taxation.
Direct Taxation
Our corporate tax team is equipped with a deep understanding of organization needs in order to help clients perform better and meet their obligations related to direct taxation.
- Corporate Taxation and Compliance
- Representations before tax authorities and Dispute Resolution
- Taxation of High Networth Individuals (HNI’s)
- Taxation of Non - Resident Indians (NRI’s)
Indirect taxation
We advise clients in transaction structuring, advisory in GST, Customs including legacy issues from excise, service tax, VAT and entry tax laws, restructuring for tax efficient business transactions, interpretation of complex tax laws, risk mitigation, representation at all dispute resolution forums from adjudication and appellate authorities.
- Goods & Service Tax (GST)
- Litigation support under Indirect Tax
By understanding the complexities as well as decoding the same, we are able to give ethical advise to the clients to comply with various taxation polices as well as reduce their tax liability.