Corporate Advisory Services

No two businesses are the same and the requirements of each client are different. The division works closely with its clients and provides well-researched professional advice, relevant to their business including expansion, divestment, acquisition and restructuring.

We at ARSK possess the expertise to structure, package and place complex financial instruments as sound and bankable solutions backed by creative and exacting execution.

Our corporate finance team is a multi-skilled team of professionals who bring to bear their varied experience from diverse backgrounds. Our expertise in structuring and our knowledge of domestic and international markets has enabled us to create a niche for ourselves in the area of Corporate Finance.

Our Corporate Advisory Services includes:

• Business and Intangible Assets Valuations
• Regulatory Compliance Services
• Accounting, Financial and Tax Due Diligence
• India Entry Services
• Restructuring and Reorganization
• Cross Border Advisory Services
• Private Equity & IPO Support Services
• Debt Structuring and Loan Syndication
• Buy and Sell Side M&A Advisory Services

Business and Intangible Assets Valuations

Intangible Business considers all approaches for all intangible asset valuations, including brand valuations, business valuations, share valuations, contract valuations, for valuing customer relationships, valuing shares, valuing patents and for all other intangible asset valuations. The most appropriate intangible asset valuation method is then selected for the specific asset and purpose.

Regulatory Compliance Services

Most companies meet regulatory expectations, but over-spend due to poor validation practices and inefficient performance in compliance activities. Often, validation work costs much more than it should; and compliance activities drain staff resource time due to:

• Ineffective computer system validation methodologies and applied tools
• Under/Over-testing and re-testing of systems due to poor planning and execution
• Ineffective use of project/validation resources by not implementing the validation strategy and required processes at appropriate times during the project
• Lack of compliance effectiveness by team members
• Inconsistent interpretation and execution by team members
• Poor governance and project management
• Assignment of expensive resources to simple compliance tasks

Accounting, Financial and Tax Due Diligence

ARSK undertakes due diligence exercise of business, legal and financial affairs of corporate bodies and helps clients to assess business proposals, identify possible legal problems, and thus help clients in taking informed corporate decisions.

• Financial Due diligence - Which determines the future earnings and the cash flow of the company thus in turn determining the financial viability of the company. This thus involves an in depth study into the revenue model as well as the assets and liabilities of the company and is one of the key areas of specialization of ARSK & Associates
• Technical Due Diligence - This is another important study which has to be made before a takeover to determine whether the project can survive in the long run. Our affiliates in all the key areas of Technical Due diligence help us to determine the future potential of the project, the future market availability etc.
• Legal Due Diligence - This is done through in-house expertise as well as a number of major Law firms which are closely associated with us. On certain occasions a detailed study has to be into the environmental effects, and other legal aspects which are also associated with the legal due diligence. A team of specialists in each such sphere help ARSK to thus provide comprehensive services to its clients.

India Entry Services

ARSK works on the premise to form long-term, multi-dimensional relationships with its clients - this also means that ARSK amasses cumulative knowledge of its clients' operations. The services, therefore, have been designed to create a portfolio that corresponds with every step in the India entry ladder.

The portfolio includes the entire spectrum of services from an initial market mapping exercise to post entry support for operational optimization. The services can be clubbed under the following heads.

• Pre Entry Services
• Implementation Services
• Post Entry Services

Restructuring and Reorganization

Restructuring and reorganization is a key service offering to Corporates, to assist them with their growth and expansion related strategic plans. We bring together our knowledge of the industry, and functional expertise to assess the strategy plan of the client. We assist the company in analyzing its growth and overall business plans and afford them advisory which enables them to restructure and reorganize and suggest suitable modifications to the assumptions considered, in order to align them with the industry trends.

Cross Border Advisory Services

We at ARSK offer a comprehensive range of services both for inbound investments and outbound investments.

• Inbound Investments:
  • Inbound investment advisory which would include advising on inbound ownership structures
  • Entity structuring including advise on the choice of entry vehicle such as a branch, subsidiary, joint venture, to name a few
  • Capital structuring having regard to applicable policy guidelines and maximizing project IRRs
  • Processing regulatory approvals including Foreign Investment Promotion Board, Reserve Bank of India and other organizations
  • Identifying and optimizing incentives
  • Target due diligence
  • Setting up operations including handling all implementation aspects
• Outbound Investments:
  • Review of business plans to converge on the optimum entry vehicle, such as a branch or a subsidiary
  • Outbound investment advisory which would include advising on ownership structures
  • Processing regulatory approvals
  • Identifying and seeking incentives and relaxations from the local regulators

Debt Structuring and Loan Syndication

We at ARSK also provide Loan Syndication facility whereby each and every related detail of the company's operations is presented in a way thereby enabling it to adhere to the requirements as stated by the bank.

Mergers and Acquisitions

Mergers and acquisitions (M&A) is seen as a key element of growth strategies for companies. While target selection, due diligence, negotiation and closing are some of the very critical phases of an M&A process, the post-merger integration phase is one that bears the maximum risk of failure. Experience tells us that the most important work begins once the deal is closed. We help bring you the required skills around detailed planning, energizing strong leadership, cultural integration, change management, effective communication, strong risk and programme management to help clients prepare for a successful integration.

Global Taxation Service

With more than 25 years of experience, the Global Taxation Services of ARSK is well equipped to offer a wide gamut of services. These include innovative ways to identify, minimize and manage the incidence of taxes within the framework of applicable laws.

A business entity is confronted with multiple tax issues varying in their complexity and technicality. Just as businesses diversify across sectors and national boundaries so do tax issues.

Our multi-skilled team works with clients in achieving effective compliance and tax planning when confronted with divergent local and cross-border tax aspects.

Below is a summary of services we provide under Global Taxation Service:

• Domestic Services Offerings
  • Pre-assessment support
  • Assessment Proceedings
  • Post - assessment Action & Litigation
  • Tax Outsourcing
  • Support for Obtaining Advanced Ruling before Settlement Commission
  • Representation before Settlement Commission
  • Tax Due Diligence
  • Tax - related opinions and back end support
  • Comprehensive Tax Review
  • Web - enabled Tax Filing
  • Arbitration
  • Fringe Benefit Tax
• Global Taxation Service Offerings
  • Advice on Inbound & Outbound Investment
  • Analyzing Indian Tax Laws
  • Certification for Remittance abroad
  • Planning of benefits under DTAA
  • Transfer Pricing
  • Services to expatriates employed in India and to Non-Residents
  • Planning for Cross Border Transactions
  • Review of Permanent Establishment Status of Non-Resident Entities

Indirect Taxation Services

Indirect taxes constitute the largest tax outflow for a business entity. We at ARSK, offer cutting edge services in the area of indirect taxation to identify, minimize, comply, manage and verify the incidence of taxes within the framework of applicable indirect tax laws.

Our in-house expertise has enabled us to design customized solutions to cater to the unique requirements of our clients. The emphasis in our service delivery is on ensuring compliance in a dynamically evolving business environment.

An organization in the course of its normal business dealings would find itself subject to a plethora of indirect taxes namely Service Tax, VAT, CENVAT and Custom duties. This maze of indirect tax laws poses a challenge to effective tax compliance and planning which is addressed by our indirect tax team by way of comprehensive customized solutions.

Key indirect tax offerings

• Vat / Sales tax
  • Advice on classification issues, availability of credit & other related aspects and possible tax optimization opportunities
  • VAT audits and process reviews
• Service Tax
  • Advise on taxability of a service and classification thereof
  • Diagnostic and Cenvat credit reviews
  • Assistance in obtaining service tax rebate / refund from tax authorities
  • Assistance during service tax audits
  • Advise on special transactions such as cost sharing arrangements, import of technology, technical know how, royalties etc.
• Cenvat
  • Advise on classification, valuation and Cenvat credit scheme
  • Assistance in assessing Cenvat liability and identifying concessions / benefits
  • Identification of planning opportunities

Litigation Support

ARSK possesses extensive and exhaustive experience in every sphere of personal and commercial litigation. We advise our clients in each sphere of litigation be it Corporate, Taxation, Commercial or Writ. We have represented and advised leading Corporate houses, Public & Private Corporations, we have provided litigation support services to them. Our firm provides assistance in litigations on behalf of its esteemed clients before all District Courts, Tribunals, Commissions, High Courts and the Supreme Court of India in the following matter :-

• Corporate matters
• Commercial transactions
• Taxation matters
• Banking & Financial transactions
• Securities and Trusts
• Debt Recoveries
• Winding up
• Family law / Hindu Law matters
• Injunctions
• Writ petitions & Special Leave Petitions
• Proceeding under the Indian penal laws, Financial Frauds, Anti-Corruption laws, FERA / FEMA laws, Negotiable Instruments, etc

Other Services

• Greenfield projects - advice on tax implications and assistance in initial compliances/ setting up
• Advice on tax efficient business models
• Financial modeling from an indirect tax perspective
• Foreign trade policy
• Advise on importability of goods and related procedures
• Assistance in representation before Directorate General of Foreign Trade (DGFT) authorities
• Advisory on possible benefits under various free trade and similar agreements entered into between India and other countries