Top machine tools supplier engages multiple InCorp services
The client is the world’s best supplier of manufacturing technology and one of the most renowned machine tool brands in India, with a reputation for new age distribution, manufacturing expertise and outstanding after sales service.
The client is the supplier of CNC machines, tools, equipment & other accessories. Its business segments also include the complete after sale service, comprehensive maintenance contracts, technical and engineering support. The company also participates in government contracts and is an active supplier for various government agencies and public sector undertakings.
Presence: Mumbai – Corporate office, USA – Foreign branch, Dubai – Foreign branch, Bhiwadi, Pune, Ahmedabad, Noida, Ludhiana, Kolhapur, Nashik, Chennai.
Equipment & other Accessories
Technical and Engineering Support
What services did the client engage InCorp for?
- Issue debentures to parent company
- Cross Border Corporate Restructuring
- Corporate Valuation
- Transaction Advisory
- International Tax
- Transfer Pricing
- Tax Compliances and Audit
What was the client’s long-term vision?
- To capture global markets.
- To diversify and expand in terms of product innovation, machinery manufacturing, customer services and quality technical support.
How did InCorp turn the client’s Vision to Reality
|Client’s Main Challenges||With InCorp|
|Provided Annual Tax compliance services and Internal Audits|
Comprehending tedious GST filing processes
|Professionally adhered to taxation compliances while filing|
|Managing Foriegn and Domestic Taxation under a single firm||Provided Holistic Tax filing services for seamless integration of business activities in India and abroad|
|Assistance in debentures||
Issued fully and compulsorily convertible
debentures to parent entity
|Uncertain about tax implications||Assisted in corporate valuation and transfer pricing|