Several Indian corporate and NRI groups are contemplating acquisitions of foreign companies, setting up new offices in the UK or Europe or even expanding their existing presence abroad. We can assist such companies and groups by identifying suitable targets for acquisition, performing financial due diligence on their behalf and, post-acquisition, helping to integrate the acquired companies into the group. We can also provide tax-structuring advice, assistance with regulatory and legal issues and in obtaining work visas for Indian staff to execute projects in the UK. We are Chartered Tax Advisers, accountants and OISC-approved immigration practitioners which enables us to offer “one-stop shop” services for India-based companies.
Where a new office is required we can set up a UK subsidiary or branch office, handle the accounting, payroll and tax / regulatory compliance and even obtain the required visas if personnel need to be brought to the UK for work purposes. We have over 30 years experience in this area and have assisted many of the largest Indian listed companies in this regard.
India IT sector deep knowledge
Over the years we have assisted over 200 India based IT and software services companies to open and run their UK sales and marketing offices. Our principal Mr Raj Ganguly was invited by the late Mr Dewang Mehta, former Chairman of NASSCOM to speak at Financial Times “India IT conference” in London way back in 1995. Those were the early days of Indian IT presence in the UK! We have seen the surge for Y2K work during the mid to late ninetees, the “dot-com” bubble soon after with the demand for software engineers with HTML and networking systems skills, the shift to a more solid enterprise computing base, followed by data-mining, data-warehousing, financial services and a broader base of corporate “vertical” skills. There has been a progression from pure and simple “body-shopping” in the early days to “business consulting”, “business intelligence” and technical support types of roles. In terms of “delivery” there has been a shift from pure “one site” service provision to dual onsite / offshore (India IDC) and now to “near-shore” so that the service provider can be “near” to the customer, their clients and centres of core competence.
Other industry sectors
Besides the IT sector over the last 30 years we have serviced the UK requirements of many of the top 30 BSE/NSE listed companies as well as large privately held unlisted groups in various sectors such as petrochemicals, commodity trading, exports, energy, telecommunications, manufacturing, automobile engineering, stock-broking, wealth management and financial services. We are familiar with workings of such sectors and can hit the ground running whenever a UK project needs to be executed quickly and efficiently.
For a full discussion of how RKG Consulting may assist you in setting up or expanding in the UK and Europe please contact Raj Ganguly: rganguly@rkgconsulting.com.
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