Leading Foreign Portfolio Investor (FPI) engages Incorp for Tax Advisory Services
An established asset management group with an increasing presence in Europe and Asia. Having a presence for more than 3 decades. It offers a broad range of actively managed strategies including equities, fixed income, multi-asset and absolute return.
Considered among the top 10 FPIs operating in India. Having a diversified portfolio comprising equity and debt instruments, ADRs, GDRs etc.
Industry Focus
Equity and Debt Instruments
ADRs
GDRs
Timeline
What services did the client engage InCorp for?
- India Tax Advisory in relation to investment instruments and income streams.
- Annual Tax compliance
- Tax litigation
- Certification for repatriation of funds from India involving applicability of tax treaties.
What was the client’s long-term vision?
- Increase the breadth and depth of expertise and products to offer.
- Enhance investment capabilities, creating a strong, well-diversified line-up of active, high-conviction and high-performing investment strategies.
How did InCorp turn the client’s Vision to Reality
| Client’s Main Challenges | With InCorp |
|---|---|
| Difficulty understanding compliance rules offshore | Provided Annual Tax compliance services across all entities |
| Tedious tax litigation services | Professionally adhered to tax litigation services |
| Uncertain on how to repatriate funds from India | Provided Certification for repatriation of funds from India |
| Looking for enhancing investment capabilities | Eased with high-conviction and high-performing investment strategies |