Expats Tax Advisory Consultant India
An “Expatriate” refers to someone living temporarily or permanently in a country other than their home country, often working abroad on assignment or a job.
In India, an expatriate can be:
- A foreigner working in India (Inbound expatriate), or
- An Indian working abroad (Outbound expatriate).
The taxation of such individuals is referred to as Expat Taxation in India.
When businesses establish operations in India, expatriates are often appointed to key management positions. Under our Expats Taxation Advisory services, YKG Global provides tailored solutions to help expatriates understand and manage their tax obligations while ensuring compliance with Indian tax laws.
Our Expats Taxation Services
Regulatory Approvals:
- Registration assistance at the Foreigner Regional Registration Office (FRRO).
- Obtaining a Permanent Account Number (PAN).
- Drafting Secondment, Dispatch, and Employment Agreements with tax and regulatory considerations.
- Analysis of tax equalization agreements and their implications.
Statutory Compliances:
- Calculation of taxable income and liabilities for employer companies.
- Compilation of global income and foreign asset details for expatriates' income tax return disclosures.
- Preparation and filing of withholding tax returns, and issuance of withholding tax certificates.
- Filing individual income tax returns for expatriates.
Consulting and Advisory Services:
- Advisory on determining the residential status of expatriates.
- Tax consultancy on the taxability of different income sources in India.
- Guidance on tax exemptions, tax credit mechanisms, and eligibility.
- Consulting on tax implications under Tax Treaties or Double Tax Avoidance Agreements (DTAAs).
Exit Approvals:
- Assistance with surrendering “Residential Permits” and obtaining “Exit Visas” from the FRRO for departing expatriates.
- Obtaining No Objection Certificates (NOCs) or Income Tax Clearance Certificates (ITCC) from tax authorities for permanent departures.
- Securing certificates of coverage for outbound expatriates.
Representation Services:
- Representation in income tax scrutiny assessments and penalty proceedings for expatriates.
- Managing tax appeal proceedings and representing expatriates before Income Tax Appellate Authorities.
Why Choose YKG Global?
With over 40 years of expertise and 50+ experienced Expat Tax Consultants, YKG Global is a trusted name in Expat Taxation Advisory. We specialize in offering top-notch Expats Taxation Consultant and advisory services to ensure compliance while minimizing tax liabilities.
From Tax Consultant for Expats to comprehensive advisory, YKG Global is your partner in efficient and hassle-free Financial Management for Expatriates in India.