Multinational businesses are buffeted daily by tax, legislative and regulatory developments around the world. Mastering their impact on business operations and cross-country transactions is vital to a company's survival. UAC network of highly experienced international tax services professionals is here to help, in every way, and everywhere you do business. For all of its complexity, the area of international tax boils down to a single imperative: Reduce your global effective tax rate. We offer innovative international tax-savings ideas that align with your overall business objectives and the way your company operates. India is the world's largest democracy and one of the fastest growing economies. As multinationals across the world shift their focus and approach to India, it is important that the country's tax and regulatory policies are well understood for optimizing growth and success opportunities. Industry focus is fundamental to our approach and encompasses sectors of financial services, information, communication and entertainment, consumer markets, industrial markets, and infrastructure and government. Our service offerings :a) Planning & structuring the inbound and outbound investments: Complete set of advisory on entire planning of the foreign investments. Listing down the most advantageous mode for entry in India. Similarly analysing the most suitable for outbound investments. This also includes looking through the global tax scenario. b) Expatriate tax advisory: The entire checklist for the expatriate taxation in India including the check-in and check-out briefings on India tax. Also, includes opinions on availability of various tax exemptions as per Income Tax Act, tax credits as per DTAA. c) Certification for abroad remittances us 195: The e-filing of Form 15CA & Form 15CB, determination of withholding tax liability on international taxation and issuance of certificate for enabling remittance would be included in the above.

Financing Working Capital Requirements:Being a team of customer-driven relationship professionals with wide industry experience in various segments, we can offer working capital finance by way of cash credit or loans suitably structured to your needs and your risk profile from a consortium or sole banker. We have regular dealings with many large PSU, Private and Foreign banks who will be able to address your requirements for credits. Secured and Unsecured Business Loans:We can structure low cost credit and cash flow financing to meet your specific short term cash requirements. The loans are structured to enhance your profitability by scheduling the repayment to match the cash flow available to repay the debt Structure. Term Loan:We are able to facilitate very competitive rates for term financing from our partners. We also provide advisory services to companies for syndication of the term loans to a wide spectrum of financial institutions. Structured Finance:Keeping pace with the dynamic nature of financial markets, we develop and offer products that substitute the traditional credit avenues available to corporates. We help in placing commercial papers, preference shares and non-convertible debentures to suit specific client requirements. These products are structured for both long and short tenor with exit options at intervals for both parties. Asset Financing & Project Financing:If you are looking at finance or loan options for the purchase of your construction equipment then we can offer hassle-free construction equipment loans with the best terms for funding at the most attractive rates.

1) Starting a Business:The challenges of launching a business are huge. We advise our clients on the number of steps entrepreneurs can expect to go through to launch, the time it takes on average, and the cost and minimum capital required as a percentage of gross national income (GNI) per capita. 2) Dealing with Construction Permits:We provide our clients with the procedures, time, and costs to build a warehouse, including obtaining necessary licenses and permits, completing required notifications and inspections, and obtaining utility connections. 3) Employing Workers:The difficulties that employers face in hiring and firing workers are solved at UAC. 4) Registering Property:The ease with which businesses can secure rights to property is possible at UAC. We advise the clients on the number of steps, time, and cost involved in registering property. 5) Getting Credit:Measures on credit information sharing and the legal rights of borrowers and lenders are very studied by our experts. We measure the scope, access and quality of credit information available through public registries or private bureaus. 6) Paying Taxes:We provide assistance in taxation matters to our clients as well as on the measures of the administrative burden in paying taxes. These measures include the number of payments an entrepreneur must make; the number of hours spent preparing, filing, and paying; and the percentage of their profits they must pay in taxes. 7) Trading Across Borders:We advise our clients on the costs and procedures involved in importing and exporting a standardized shipment of goods. Every official procedure involved is recorded - starting from the final contractual agreement between the two parties, and ending with the delivery of the goods.

UAC Corporate Tax services address the challenges thrown up by complex business environment in which the corporates operate. The Corporate Tax team provides advice and assistance across a spectrum of services relating to Tax Compliance, withholding Tax Advisory & Planning. Our services encompass on-call assistance, point solutions for complex transactions or business arrangements, due-diligence support in business reorganisation and provide comprehensive assistance in addressing all Corporate Tax advisory and reporting needs on an ongoing basis. We provide assistance in the entire sphere of Corporate Tax compliance ranging from computation of advance tax, preparation and filing of Corporate Tax returns, assistance with documentation requirements to support the planning and representations during the revenue audit. The services cover litigation support and representations before the Appellate, Tax Tribunals and Authority for Advance Rulings Our specialist team stays abreast of developments on tax front, tax policies and key judicial pronouncements, thereby identifying threats and opportunities for providing innovative tax solutions to our clients.

We provide assistance in the following areas :1. Arriving at a realistic Valuation2. Gaining an overall understanding of the sector and providing an unique insight into the potential target3. Helping to effectively face competition, technology, customers, legislation, powerful buyers, the emergence of new geographic markets and other issues4. Validation of available data5. Tackling Competitive Uncertainty6. Helping clients spot opportunities The relevant areas of concern may include the financial, legal, labour issues, tax, IT, environment and marketcommercial situation of the company. Other areas include intellectual property, real and personal property, insurance and liability coverage, debt instrument review, employee benefits and labour matters, immigration, and international transactions. Our dedicated staff can provide the necessary expertise and share with clients our in-depth industry and market know-how to identify and address the key issues quickly and viably. Thus, the client is assured of cost-time efficiency.

The Foreign Exchange Management Act (FEMA) came into force with effect from 1st June 2000, thereby replacing the earlier enactment the Foreign Exchange Regulation Act, 1973. The introduction of FEMA has been welcomed by all sections of people both the industry and the professionals. FEMA has led to considerable liberalisation of the foreign exchange regime in India, coinciding with the comfortable foreign exchange reserves of India. The object behind introduction of FEMA is to free all current account transactions, while capital account transactions would continue to be regulated by the RBI. However, the process of approvals has been made simpler. FEMA is broadly divided into 7 Chapters and 49 Sections. Under FEMA, there are the Rules which are notified by the Government of India relating to Current Account Transactions. With regard to Capital Account Transactions, the RBI has issued notifications and circulars permitting certain capital account transactions. The countries boundaries are shrinking rapidly and the horizon of business investments have been extended beyond the domestic territories. Thus, the right blends of services comprising of tax efficient structure, transaction planning and compliance with the regulatory framework boost the revenue of an entity which results into increased profitability and financial competency.

Forensic accounting is the specialty practice area of accountancy that describes engagements that result from actual or anticipated disputes or litigation. "Forensic" means "suitable for use in a court of law", and it is to that standard and potential outcome that forensic accountants generally have to work. Forensic accountants, also referred to as forensic auditors or investigative auditors, often have to give expert evidence at the eventual trial. What Forensic Accountants (FAs) do: Forensic accountants utilize an understanding of business information and financial reporting systems, accounting and auditing standards and procedures, evidence gathering and investigative techniques, and litigation processes and procedures to perform their work. Forensic accountants are also increasingly playing more proactive risk reduction roles by designing and performing extended procedures as part of the statutory audit, acting as advisers to audit committees, fraud deterrence engagements, and assisting in investment analyst research. "While Forensic Accountants ("FAs") usually do not provide opinions, the work performed and reports issued will often provide answers to the how, where, what, why and who. The FAs have and are continuing to evolve in terms of utilizing technology to assist in engagements to identify anomalies and inconsistencies. It is important to remember that it is not the Forensic Accountants that determine fraud, but instead the court." A Forensic Accountant is often retained to analyze, interpret, summarize and present complex financial and business related issues in a manner which is both understandable and properly supported. A Forensic Accountant is often involved in the following :Investigating and analyzing financial evidenceDeveloping computerized applications to assist in the analysis and presentation of financialevidence

Payroll Processing: At UAC we maintain all records and completing all formalities relating to payrolls on regular basis such as:i. Preparation of individual pay slips and salary payable per employeeii. Preparation of comprehensive monthly payroll statementiii. Computation of Income Tax, Fringe Benefit Tax, Profession Tax, etc.iv. Computation of TDS PAYE other statutory deductionsv. Ensuring actual payment of salaries to all the employees through the company's bankersvi. Assistance in remitting the all type of taxes to the government on a regular basisvii. Preparation of certificate of TDS PAYE in connection with withholding taxes on salariesviii. Preparation and Filling of returns for TDS PAYE etc. with the Revenue Authoritiesix. Advice on employee stock options, restricted share awards and other share incentives Transaction Processing: At UAC, we make computations and payment along with tax deductions if any for range of financial transactions such as:i. Employee Benefit Claimsii. Field Force Travel Claimsiii. Logistical Costs (Freight) Billsiv. Dealers Marketing Schemes Settlementv. Dealers Expiry Breakage Settlementvi. Account Receivable Payablevii. Fixed Assets Managementviii. Bank Card Reconciliation Accounts Processing: At UAC, we provide services for any type of accounting in routine as well as in tailor made framework devised for any particular business considering industry sector, size, operated process, controls needed etc. Broadly it may include.

UAC offers three broad categories of investment advice on Investment advisory services - Portfolio Strategies, Fund Research and Recommendations, and Asset Allocation. Depending on your goals, our services may focus on one specific area or combine elements of all three. PORTFOLIO STRATEGIES Our investment advisory team creates strategies that incorporate independent, analytic insights and proprietary research. In this arena, we offer two primary portfolio composition strategies stock-based strategies and multi-manager strategies. FUND RESEARCH AND RECOMMENDATIONS UAC also provides clients rigorous evaluations to aid in fund portfolio analysis and selection. Our fund research covers all styles and market capitalization segments, spanning global equity and fixed-income markets. ASSET ALLOCATION Our asset allocation services can be used to develop portfolios for both institutional and retail settings. Following a highly disciplined approach, our investment professionals use modern portfolio theory as the foundation of their analysis, layering it with our perspectives on current market, economic and industry forecasts all while addressing specific client requirements and investment objectives. We then recommend a forward-looking, strategic asset allocation at the asset class level designed to allow your firm to create portfolios that strive to maximize return for each unit of risk.

Financial reporting in India is now being influenced by International Financial Reporting Standards (IFRS). IFRS reporting considerations are already impacting business decisions, and not simply through foreign subsidiaries or foreign investors. Conversion is much more than a technical accounting issue. IFRS may significantly affect any - number of a companys day-to- day operations and may even impact the reported profitability of the business itself. Conversion brings a one-time opportunity to comprehensively reassess financial reporting and take a clean sheet of paper approach to financial policies and processes. Take advantage of the resources that UAC has developed to increase your knowledge and implementation of the same for your company. Need for IFRSLevel of confidence: The key benefit will be a common accounting system that is perceived as stable, transparent and fair to investors across the world whether local or foreign. Risk Evaluation: IFRS will eliminate barriers to cross-border listings and will be beneficial for investors who generally ascribe a risk premium if the underlying financial information is not prepared in accordance with international standards. Merger &Takeover Activity: Cross border mergers and acquisitions will get a boost by making it easier for the parties involved in as far as redrawing the financial statement is concerned. Investments: Foreign investors will be attracted to economies where IFRS-compliant financial statements are the norm. How can we help you?Conversion is much more than a technical accounting issue. IFRS may significantly affect any - number of a companys day-to- day operations and may even impact the reported profitability of the business itself. Conversion brings a one-time opportunity to comprehensively reassess financial reporting and take a clean sheet of paper approach to financial policies and processes.

Why is indirect tax material to your business?Globalisation accelerates change. More and more commercial transactions takes place across borders involving indirect taxes, increasing and complicating their tax risks. The magnitude of Indirect taxes such as value added taxes, sales taxes, custom duties and excise is rarely highlighted in annual reports , Yet indirect tax raises significant risks for all businesses. Poor indirect tax management can squeeze cash flow, allow the over or underpayment of tax and attract stiff penalties for non- compliance Goods & Services Tax What is GST?The indirect tax in India is proposed to be replaced by a dual GST with Central GST and State GST to be levied simaltaneously by the Centre and the States. GST would replace most indirect taxes currently in place. The tax base is anticipated to be complicated in effect on all goods and services, with minimum exemptions. Following the destination principle, GST structure would include imports while exports are not to be taxed. For inter-State transactions in India, the State tax would apply in the State of destination as against to that of origin.Full input credit system would operate in parallel for CGST and SGST, however, cross utilization of input tax credit would not be permitted. Everyone around is preparing for the change. Are you?GST is seen as the single most important tax reform initiative in India.It is expected to promote investment and expansion of the economy. GST will have a sound impact on almost all aspects of businesses operating in the country In order to prepare for the GST, the companies need to understand its full significance and test the system changes and prepare a roadmap for a smooth transition to GST.

Our Investment Banking group is involved in the identification, structuring and execution of transactions for our clients in diverse industries and geographies. Some of the typical transactions include Mergers & AcquisitionsDivestituresPrivate Equity SyndicationManagement of EquityCapital Restructures of AdvisoryEquity Capital transactions Our Execution Process: Understanding: Internal Analysis:1. How is the company structured?2. Financial and Current performances3. Describing the Operation Identifying the Issues that need to be improved:1. What needs fixing?2. How long will it take?3. What does the company need in terms of resources? Fixing it:1. Time period2. Performance3. Procedure before the company goes to the market

Mergers & Acquisitions activity has seen a marked increase over the past several years. Need for business and financial restructuring, consolidation of businesses and increased competition amongst domestic and multinational companies have combined to spur Mergers & Acquisitions activity in India. The myriad legal and regulatory provisions call for a high degree of experience, skills and multi faceted knowledge. We provide expert services in the following areas: 1. Planning & Advising Mergers & Amalgamations2. Corporate Restructuring3. Financial re-engineering & Business Valuation4. Internal Restructuring5. Strategic Acquisitions & Takeovers6. Deal Negotiation & Structuring7. Equity Divestments8. Demerger Strategic Sale To impart specialised focus to Mergers & Acquisitions, UAC has a dedicated team of professionals in the Mergers & Acquisitions group who have a blend of skills and experience to provide valuable insights and innovative solutions for clients to maximise value for their business and investments, whilst mitigating the risk of doing business in a changing environment. We provide advice and assistance on :1. Ensuring Tax Efficiency in group structure2. Consolidation of related Businesses3. Assistance in disposals, management buy-outs, buy-ins, fundraisings, Initial Public Offerings, takeovers4. Optimum Capital Structuring5. Corporate Restructuring6. Pre-deal evaluation7. Transaction evaluation8. Carrying out pre-acquisition due diligence