Indian start up firms are required to be compliant on several accounts. Even small companies are not spared the rigours of compliance- be it the Foreign Exchange Management Act (FEMA), various Reserve Bank of India (RBI) stipulations, prerequisites laid out by the Software Technology Parks of India (STPI), Direct tax, Service tax, Professional tax or Withholding tax. This plethora of regulations is made twice as complex due to the frequent amendments made by the government, quite often in an attempt to simply the process.
Compliance as such would require advice from professionals specialising in various aspects of the Indian regulatory grid, with precious resources spent on coordinating the entire exercise.
SKP’s corporate services practice brings together a team of experts on various aspects of regulatory compliance. Working in perfect sync, our compliance specialists chalk out strategies to reduce compliance risk without burdening the client with excessive regulations. The advantages of such an integrated service are manifold. Besides reduced compliance risks, client’s benefit from cost savings on account of management time saved, reduced litigation expenditure and peace of mind.
Our regulatory compliance team makes it their job to keep abreast with the dynamics of the business regulatory scenario, as well as educate clients about the same through a series of regulatory updates. |