One Stop Destination For All Your Accounting Requirements
Are you looking to set up business in India? If yes, then now you don't need to worry about it. We are a firm of Accountants and CPAs offering a wide range of services like, set up business in India, company incorporation in India, accounting and payroll outsourcing, compliance management, cross border expertise, human resource management services, etc under one roof.
The firm was established by a team of experienced professionals who can help with set up business in India process. We have our headquarters in Bangalore with offices all across India. With our capability to decode and resolve difficult issues and actively engage with clientele, we've positioned ourselves as a one-stop solution with professional service offerings under one roof.
We have built niche set up business in India service offerings with a focused and meticulously arranged and process-oriented approach. Our commitment to value-added and qualitative service delivery can be reaffirmed by the greatest trust placed in us by our clients. Our strength lies in the capacity to combine in-depth skills of cross-sections of the business with the specialized skills of our experts, spread across our huge network. If you want to set up business in India, TYA can be the right choice for you for your Company Incorporation In India needs.
TYA Advantage
Dedicated Relationship
Manager and Partner
Cross Border Expertise
Start-up Cap Table Planning
Start-up and MNCs Tax Planning
Auto Scalability
Tech First Solution
Data Security
Confidentiality
Accuracy
Multi-service Expert Panels
Transform Your Business in India with TYA
End to End Business Support Solutions
Our Unique Proposition to Digitalize Your Business in India
Our Set up business In India professional approach helps the client save their time and money. Our team of Accounts Payable outsourcing experts help clients in each and every segment of their business requirement and enable them to set up business in India. All our segment experts work as one team to provide the best advisory to clients.
Structured Onboarding
Improve Efficiency
Scalability
Productivity
Cost Effective Solution
Real Time Alerts
Automation
Data Security
Our Clients
Clients Testimonials
MedGenome Labs Ltd and Medgenome Inc
"Right from the time when Medgenome started its journey,
TYA has been a real support for all the Statutory and Compliance related matters starting
from a CA certification for various matters or a regular statutory filing,
valuation report for the Company from time to time etc. to name a few.
TYA has always been a pillar of support and has been readily advising on the matters
where we needed professional guidance, we will always value this association and look forward
to work in the future."
CFO
Platify
"We are working with TYA for accounting and compliance services.
TYA's services have been excellent and faultless.
They reassure that we are compliant with the rules and regulations, and help us to solve our
queries with a brilliant team. Its easy to work with them as one stop accounting solutions
so that we can focus on our core business. They go extra mile to support their clients in timely manner."
Co-Founder
Buza Foods Pvt Ltd
"We developed a great relationship with TYA! Their dedication and quality of service towards
our business is evident in all our financial and accounting aspects. We appreciate their attention
to minutest detail and the professional approach in delivering their services!"
CEO
Vicki Nicholson & Partners LLP
"TYA has been supporting us with our accounting needs for three years and we have
found their service to be excellent. Beyond the essential accounting services they have
also been able to offer us advice and solutions for operating in a business characterised
by complex and evolving regulations. The team is always courteous, friendly and attentive to details.
I would highly recommend TYA."
Managing Partner
Nestaway
"Nestaway has been really fortunate to have TYA as a trusted partner for accounting
related services. TYA has been part of our business from very early days.
The team is extremely hardworking and is receptive to feedback.
Frequent changes in business models and processes are common in startups and they have taken
all this in their stride. TYA has also been more than helpful during some of the major transitions
(to GST, Ind-AS etc.). In these five years of association, we have asked TYA to also help us
with varied tax and compliance related activities and they have always delivered.
Vikas is extremely approachable which combined with his extensive knowledge has been one of the key
reasons because of which we have always felt comfortable working with TYA."
Vice President
Nestaway
"I am delighted to be able to affirm that TYA has been attending to our Accounting
and Taxation needs for last 4 years. I have found TYA's service to be extremely efficient, prompt,
attentive and highly professional in every way. I have found their professionalism and service
offering second to none. I would like to place on record the appreciation of Vikas in the way he has
led TYA. In addition to VIkas having the necessary experience and knowledge in his field; it is
his ability to personalise his approach and tailor his services accordingly which speaks volumes of
their contribution. I have no hesitation in recommending TYA (and Vikas) for their services."
CFO
Medi Asssist
"We are working with TYA for Ind AS and accounting requirements.
We developed a great relationship with TYA. TYA's services have been excellent.
Their dedication and quality of service towards our business is evident in all our financial
and accounting aspects. We appreciate their attention to detail and the professional approach
in delivering their services! It's easy to work with them as they go extra mile to support
their clients in timely manner. In addition to Founder having the necessary experience
and knowledge in his field; it is his ability to personalise his approach and tailor
his services accordingly which speaks volumes of their contribution".
SVP
Ripplr
"Indeed been a fantastic year long journey together!!
Alongside dedication, the professional prowess team brings along is commendable.
Achieving deadlines, mentoring, always willing to go that extra mile is definitely a cultural attribute
with TYA Team, driven straight from the leadership at TYA. Right from inception, a year down the lane,
never-ever had a feeling of dealing with an external service provider. Best part being,
pay as you grow which is undoubtedly a big boon to any early stage startup, like us.
Thank you Vikas & team for providing all the support ‐
Apart from being a one stop solution for all our accountancy & Tax compliance needs."
Co-Founder
Actify
"I wanted to say a big thank you to you and the TYA team for the helping us
navigate all aspects of our accounting and finance function. The TYA team has been a great partner
for us in our journey and has helped us in all operational and strategic aspects with regards to our
finance function. I really appreciate the way that you have helped put processes in place.
Because of your support we have been able to build strong processes not only with regards to finance
but also HR and administration. Your help has also been very critical for us to obtain our ISO
certification. Thanks so much for your help and support. Looking forward to a long association with TYA."
CEO
WiproKPM
"I recollect both WiproKPM and TYA started during the same time,
your firm was invaluable in helping us through initial stages of establishing the processes and compliances.
In this ever evolving regulatory framework you are a responsive firm.
We have worked closely on many assignments and TYA is an one stop solution for our compliance requirements.
You and your team have been extremely easy to work with and I appreciate all of your hard work."
CFO & CS
SIS Ltd
"TYA has been advising SIS Group since 2018 on Ind-AS and assisting and advising the
Group on interpretations and implementation of both new and existing standards.
They also assess and evaluate various complex transactions and guide the Group on the correct interpretation,
application and disclosures as required by the standards. We are extremely pleased with their pro-active
and practical approach on the subject and their nuanced advice on the structuring of transactions from a
commercial and regulatory standpoint. I would unhesitatingly recommend Vikas and his team for any first
time user of Ind-AS as they bring a fresh and simple approach to the subject."
CFO
Frequently Asked Questions
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1. Why to set up business in India ?
According to the ongoing report from the World Bank, the simplicity of working together in India has improved to a considerable amount after a series of changes. Things are significantly more agreeable for organizations in regards to paying of taxes, get construction license, and continue with cross border transactions. According to the "Doing Business 2019", India highlights in the list of top 10 most improved economies. From infrastructure, automotive, chemical to drugs, textiles, and others with a populace of 1.36 billion, India can offer the most conspicuous market to perform procedures.
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2. Why companies outsource their payroll ?Organizations outsource their payroll and set up business in India services because it spares time and effort. Payroll outsourcing likewise limits the need for having a gifted team in-house. Organizations likewise get the services of experts who have immense experience and ability in payroll management.
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3. How much will the payroll process outsourcing cost ?There are a ton of components that will oversee the expense of outsourcing the payroll services. We recommend you call or visit our official website for a meeting or consultation. In view of your employee count and prerequisites, we will give you a quote for the process of payroll outsourcing.
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4. How can foreign companies open Liaison Office or Branch Office in India ?Foreign businesses hoping to set up Liaison Office or Branch Office in India need to apply through Form FNC alongside the necessary records to the General Manager of the Foreign Exchange Department under the Central Office Cell of RBI. In any case, the application ought to be handled through an Authorized Dealer Bank.
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5. Is there any limit or minimum requirement in the net worth value of a foreign company willing to establish BO or LO in India ?A foreign organization ready to set up a BO in India must declare/show a total asset balance at least USD 100,000 or its equivalent according to their most recent Audited Balance Sheet. On account of the Liaison Office, the value ought to be at least USD 50,000 or identical.
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6. Can Liaison Office or Branch Office have more than one bank account in India ?The answer is a big NO! If a Liaison Office or a Branch Office needs to have more than one account, they have to get consent from the Reserve Bank of India through its AD Category I bank while clearly mentioning the reason for it.
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7. Is it possible for Liaison Office, Branch Office, or Project Office to acquire property in India for their operations ?While Liaison Offices can't secure property, Branch Offices and Project Offices can have a property for their own utilization. They can continue with coincidental or allowed exercises but can't offer lease or rent on their property.
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8. Does a Liaison Office come under the taxation policy of India ?A Liaison Office doesn't guarantee any pay in India since they don't have the authorization to lead business/modern or exchanging action directly or indirectly. Henceforth, an organization that just has a Liaison Office doesn't come under the taxation policy of India.
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9. Is it possible to upgrade a LO into a BO with the same PAN and Bank account ?Yes, it is possible for Liaison Offices to upgrade to a Branch Office. All they require is to re-assign the account as a Branch Office account.
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10. Is it possible for a Liaison Office to trigger a permanent establishment status in India ?If a foreign organization sets up an immediate business association with the Liaison Office, at that point it can trigger lasting foundation status in India.
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11. Is it possible for an AD to approve the transfer of assets of a Liaison Office/ Branch Office or Project Office to a third party who is a resident ?Indeed, an AD bank can offer approval for the transfer of the assets.
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12. Can an Indian subsidiary company abroad get approval for opening a BO in India within the automatic route ?No, an India-based subsidiary organization abroad can't open a BO in India inside the automatic course.
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13. Do AD banks require to get a UIN form Reserve Bank for Project Office ?No, AD banks needn't bother with the UIN form RBI. They have the power to offer UIN form for Project Office.
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14. Is there any time restriction for the number of employees on the payroll ?No, there are no limitations on the number of representatives on the payroll. We work with organizations of all sizes.
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15. Where can I get more details on how to access the payroll outsourcing service ?You can simply call us at +91-80-4153-0620 (IN) to know more about our payroll outsourcing services in Bangalore.
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16. Will the payroll outsourcing services include the feature of payslip generation ?Yes, we offer payslip generation feature as a part of one of the best payroll outsourcing services.