We Are Ready To Help You To Get A Solution
Whether you are an established multinational seeking to increase your footprint in Asia, or a new entity just setting out, our range of corporate & trust services will seamlessly guide you from incorporation to maturity anywhere in the region and beyond.
OUR SERVICES
Entity Incorporation
Once you’ve decided to start your business in India, choosing the most appropriate form of organization for your business type can be challenging. Not only will you need to incorporate an entity, but you will also need to complete the regular compliances, such as filing of GST Returns, Income Tax Returns, ROC Compliances and Many Other.
Having Ideate by your side makes the entire process of company formation quick and easy. Our experts are well versed in the nuances of each business structure, and we can advise on the best option based on your business and sector.
Our Entity Incorporation Services
- Entity Formation Advisory
- Tax Registration
- Other Business Licenses
- Trademark Registration
- Bank Account opening
Outsourcing Service
Business outsourcing isn’t just a short-term cost-cutting exercise – it can also drive long-term efficiencies and deliver sustainable benefits. From day-to-day business administration to Accounting, Tax compliance and Human Resource Management, the right support can help your business function more efficiently.
No matter where your business is set up, maintaining comprehensive accounting records is vital to not only the efficient management of the business, but also to ensure that your regulatory filings are up to date.
Accurate accounting records start with thorough bookkeeping, prepared from detailed invoices, purchasing records and bank statements. Monthly bank reconciliations are an essential tool in monitoring your company’s cash flow, a vital aspect of any company.
Outsource the very important task of maintaining your company’s financial records to Ideate.
Depending on your needs, we can prepare monthly, quarterly or annual accounts. In India monthly or quarterly reporting is required for indirect tax (i.e. GST) reporting. There is a regulatory imperative to keep your accounting records up to date.
Our accounting services extend to management accounts which allow timely reporting to head office as well as up to the minute information to allow you to make fully informed decisions about your business. Needless to say, as your business expands and becomes more complicated, comprehensive accounting records are essential. Not to mention that on your ultimate exit from the business, the first thing that any prospective suitor wants to see is the accounts.
Our Accounting Services
- Book Keeping & Transaction Processing
- Bank Reconciliation
- AR/AP Reconciliation
- Vendor Payment Support
- Preparation of Financial Statement
If you are ready to start hiring and grow your team, we can help you save time and take the essential HR Responsibilities off your plate. Our services range from Providing Recruitment Solutions for your company, drafting an HR Policy manual for your company as per local standards and responding to employee queries to providing employment agreements.
Once the employees are on board, we have a comprehensive payroll solution for your business that allows you to outsource all aspects of employee remuneration in a cost-effective way via proven payroll technology and infrastructure.
Whether your employees are paid monthly or by the hour, our system can adapt to your payroll needs with pay slips made available electronically to employees on each pay date. Where tax or pension contributions need to be deducted at source, we will calculate those amounts for you. Our system has the capability for employees to apply for leave online and have that leave approved. It will also allow the claiming of expenses in a straightforward way, freeing up employees time to devote to the business. At year-end, the necessary tax reports will be generated for both the employer and the employee.
OUR HR SERVICES
- Recruitment Solutions
- HR Administration
- Payroll Processing
- PF/ESI Compliance
- Visas & Permits (For Immigration of Employee)
Tax & Regulations
Tax regimes and Regulations under different laws in a developing nation like India are ever evolving and are rapidly changing as the economies grow and become more sophisticated.
When starting a business in India, it is important to obtain the advice of tax professionals on the ground so that you can put in place the optimal structure for your business. Once the business is up and running, transactions that you enter into on a daily basis have tax implications, whether it may be income tax or indirect tax i.e. GST or other laws of the country. Where large transactions are contemplated, tax structuring is a critical part of executing the deal in the most efficient way possible.
Your tax records need to be accurate and up to date. With the increasing scrutiny of tax administrations, it is vital to have the company’s compliance obligations handled efficiently and in a timely fashion.
Our Tax & Regulatory Services
- Direct Tax
- Indirect Tax
- Transfer Pricing Advisory
- FEMA Advisory
- ROC Compliances
Business Advisory
Our Business Advisory team develops and offers tailored, innovative and comprehensive solutions for specific client business needs that may not require the expression of opinions based on professional standards. Led by a team of experts, the main objective of offering business advisory services is to bring more focus to the value proposition by delivering a broader range of advisory services and competencies. Ideate offers a full range of services to help clients tackle challenges faced in businesses.
Our Business Advisory Services
- Process Assessment & Implementation
- Internal Control Assessment
- Design and Development of SOP’s
- Mystery Audit
- Budgeting & Forecasting
- Startup Advisory
- Data Analysis & Reporting (Dashboard Creation)
Transaction Advisory
Ideate Can handle all the tasks associated with your transactions from the start to the end and thus act as your business’s support system, and meet requirements for expansion. Such as Project Financing, Private Equity and Similar Transaction of an organization. When it comes to making choices on transactions, it is recommended to make decisions based on critical thinking and proper analysis. Such detailed analysis and problem-solving skills can turn any deal into success.
A business is built through sweat and hard work. Every decision is a small step towards accomplishing more significant goals and requires diligent planning. A business has to overcome a new set of challenges every day and strive towards success by defeating these challenges. In such a situation where a business is prone to a new set of hurdles and risks, it is recommended to seek help in minimizing the risks by availing the finance experts’ services.
Our Transaction Advisory Services
- Project Financing
- Fund raising through Private Equity
- Fund raising through Capital Market
- Inbound & Outbound Investment Advisory
Virtual CFO
Finance function is the lifeline of a business. Given the complexity and structure of any business model, the financial health of an organization holds the key to survival and growth. An entrepreneur managing a growing business, needs a strategic partner to lead & manage the financial aspects of the business. These financial aspects of the business are taken care by the Chief Financial Officer a.k.a. CFO.
A CFO’s duties include managing books of the business and financial planning as well as analyzing the company’s financial strengths and weaknesses and proposing corrective actions.
Ideate provides you with all the services of a CFO, except, the CFO won’t be a full time employee. Our CFO may not be present on-site all the time but will always be there when you need him/her.
