World’s Best Supplier of Manufacturing Technology Engages InCorp Services
Our client is the world’s best supplier of manufacturing technology and one of the most renowned machine tool brands in India. It is reputed for its new-age distribution, manufacturing expertise, and outstanding after-sales service. The client is a 100% subsidiary of the largest American machine tools distribution company.
The company was incorporated in 2008 and in just over a decade, the company has built its 9 Technical Centres, 250+ experts & experience in meeting more than 10,000+ requirements in India alone. Above that, the company has also successfully built a spectacular portfolio over the globe. The company has set up independent branches in the USA and Dubai.
The client is the supplier of CNC machines, Tools, Equipment & other Accessories. Its business segments also include the complete after-sale service, comprehensive maintenance contracts, technical and engineering support. The company also participates in government contracts and is an active supplier for various government agencies and public sector undertakings.
Presence: Mumbai – Corporate office, USA – Foreign branch, Dubai – Foreign branch, Bhiwadi, Pune, Ahmedabad, Noida, Ludhiana, Kolhapur, Nashik, Chennai.
Equipment & other Accessories
Technical and Engineering Support
What services did the client engage InCorp for?
- Issue debentures to the parent company
- Cross Border Corporate Restructuring
- Corporate Valuation
- Transaction Advisory
- International Tax
- Transfer Pricing
- Tax Compliances
- Internal Audit & Tax Audit
What was the client’s long-term vision?
- To capture global markets.
- To diversify and expand in terms of product innovation, machinery manufacturing, customer services and quality technical support.
How did InCorp turn the client’s Vision to Reality
|Client’s Main Challenges||With InCorp|
|Complex compliance requirements||Provided annual tax compliance services and internal audits|
|Comprehending tedious GST filing processes||Professionally adhered to taxation compliances while filing|
|Managing Foriegn and Domestic Taxation under a single firm||Provided holistic tax filing services of business activities in India and abroad|
|Assistance in converting debentures||Issued fully and compulsorily convertible debentures to parent entity|
|Uncertain about tax implications||Assisted in corporate valuation and transfer pricing|
|Complicated business transaction||Minimized the risk for complex transaction related to income and international tax|