Outsourced bookkeeping, payroll, group reporting packs, and Virtual CFO leadership for Indian subsidiaries of global companies.
The hardest part of running an Indian subsidiary from London, New York, Singapore, or Dubai is not the distance — it is visibility. Headquarters needs numbers it can trust, delivered on the group’s calendar, in the group’s format, reconciled to the group’s chart of accounts. Meanwhile the Indian entity must stay flawlessly compliant with local books, GST, TDS, payroll law, and audit requirements. Most foreign parents discover these are two different jobs — and that a local bookkeeper alone cannot do both.
We run the complete finance function for Indian subsidiaries of foreign companies. Books are maintained under Indian accounting standards and mapped to your group chart of accounts, with monthly close run on your HQ calendar and reporting packs aligned to IFRS or US GAAP group policies. We process payroll with full PF, ESI, professional tax, and TDS compliance, manage accounts payable and receivable, maintain the GST and TDS filing calendar, and keep the entity audit-ready year-round — so the statutory audit is an event, not a crisis.
Layered on top is Virtual CFO leadership: budgets and rolling forecasts, cash and runway management, banking relationships, board and investor MIS, and intercompany billing designed with transfer pricing in mind. Your HQ finance team gets a counterpart in India who speaks its language — and attends its calls in its time zone.
Two Sets of ExpectationsAn Indian subsidiary must satisfy Indian statutory books and audits and the parent’s group reporting — different standards, calendars, and formats. The finance function must be built to serve both from day one.
Payroll Is RegulatedIndian payroll is a statutory minefield of PF, ESI, professional tax, gratuity, and TDS — with the new Labour Codes reshaping salary structures. Errors surface as employee grievances and government notices.
Time-Zone AlignedOur close calendars and standing calls are scheduled to your HQ working day. Month-end questions are answered in your morning, not lost to the 10-hour gap.
Yes. We work in NetSuite, SAP, Microsoft Dynamics, QuickBooks, Xero, and similar systems, and where required we maintain the Indian statutory ledger in parallel (for example in Tally or Zoho Books) with a documented reconciliation between the two.
We structure and document intercompany service agreements and billing on an arm’s-length basis, coordinate the annual transfer pricing study and Form 3CEB certification, and ensure the flows are consistent across FEMA, GST, and income-tax filings.
Yes — including residential-status assessment, taxation of global salary components, social security considerations, and TDS. Expat payroll errors are among the costliest payroll mistakes a subsidiary can make.
A closed set of books, a group-format reporting pack (P&L, balance sheet, cash flow, and agreed KPIs), a compliance status snapshot, and a standing review call in your time zone. Scope is tailored, but that is the typical core.
If HQ is re-doing the numbers in spreadsheets after they arrive, the function is not working. The test is simple: can your board rely on the India pack, unedited? We are engaged most often precisely when the answer is no.
Tell us a little about your requirement and our team will get back to you with the right guidance and a clear next step.
