Our dedicated team of professionals provides a wide range of consulting services in the following areas:

• New Venture Consulting
• Sarbanes Oxley Compliance
• Municipal Finance Systems and Training
• Legal and Taxation Services

New Venture Consulting

The opening up of Indian economy has increased investment opportunities in almost every field of business from the consumer sector to core infrastructure sector. All these sectors are witnessing growing multinational investment every year.

If you are a Non-Resident Indian (NRI), Overseas Corporate Body (OCB), Foreign Resident or Citizen, Foreign Company, Multinational Company seeking entry into the Indian Market, we will make you familiar with the Indian culture, consumer preferences, working system and environment, laws, taxation and economy.
Some of the many services that we offer are:

• Commercial due diligence
• Collaboration, technical tie up and joint venture
• Incorporation of a Company or Subsidiary Company
• Identification and arrangement of suitable office location
• Foreign Direct Investments (FDI), Project Clearances and necessary approval from the Reserve Bank of India and other government departments
• Consultancy for Foreign Exchange Management Act (FEMA), and EXIM policy.

Sarabnes Oxley Compliance

The Sarbanes Oxley Act of 2002 (SOX) imposes significant new requirements on companies listed on U.S. Stock exchanges. The two sections 302 and 404 of SOX particularly pose a challenge for implementation and compliance for companies. These sections require the CEO and CFO of a company to certify and assert to all stakeholders that the SEC disclosures are truthful and reliable. Also the management has taken appropriate steps to satisfy themselves that the disclosure processes and controls in the company are capable of consistently producing reliable financial information. The company’s external auditor must report on the reliability of management’s assertion on the internal control.

G. B. Professional Associates has qualified and trained experts, who can assist the organizations in understanding and implementation of the requirements imposed by these sections. We provide practical and cost effective suggestions and solutions to respond to these radical new requirements.

Municipal Finance Systems and Training

Historically, municipal bodies in India are financing their requirements through their internal revenue sources or through allocation of grants or other funds from central and/or state governments. Accounting for the municipal governments has been on cash basis. Now, when these agencies have started to look at the innovative methods of financing their requirements including the capital market, it’s been realized that they need to have the improved accounting systems in place.

In the last two decades, accounting reforms started to take place with the technical assistance and support from the World Bank, USAID, ADB and other international development agencies. G. B. Professional Associates have experts who have worked in this sector since the beginning of accounting reforms in this area. We can provide a complete range of consulting services in the area municipal financial management and accounting system. We can also provide training to the municipal staff and others in this area.

Legal and Taxation Services

We have an in depth knowledge and extensive experience for legal and taxation matters relating to the start and smooth operation of an organization in India. Consultancy for tax and labor laws in India include

• Income Tax
• Sales Tax
• Custom Duty
• Excise Duty
• Service Tax
• Labor Laws