Facts
The company is a fast growing Automotive Parts manufacturer and having its Headquarters in USA and operations in China, Mexico, Germany, Japan and wanted to establish an office in India. After company incorporation in India – US management was looking for a reliable partner who can help them with Accounting, Payroll and Compliance requirements at initial stage.
Solution
Our incubation team initially studied the business process and the operational needs of the client. We helped overseas management with getting familiar with Indian laws and regulations. We assisted them with setting up accounting processes and payroll function. Today the company operations are increased considerably. The company has constructed a manufacturing plant in Pune and has appointed India Finance Head. Still after 5 years we continue to work with them for their accounting and payroll requirements.
Value that was added
Our team’s response and understanding of the business requirement enabled them to set up smooth accounting and payroll function with due adherence to applicable laws. We were involved in direct communication with the USA Finance Team providing the Indian counterpart breathing space required to focus on growing their India Operations.
