Aj Sid

AJ Sid & Co.
Menu

Direct Tax

Direct Tax
Sound business decisions need to be backed by the right tax advice. Today’s dynamic environment has led to fierce competition. Corporate entities have realized the importance of innovative tax strategies and proper planning to reduce the tax incidence, provide the much-needed cutting edge over competitors and meet the challenges of avenues.

The Direct Tax practice assists companies in planning and optimizing their fiscal obligations, while being compliant with relevant regulations. Whether you are contemplating restructuring of your business or coming to terms with frequent changes in tax regulations, our experienced tax professionals can help you make sense of today’s world and provide you with insight into how to best work with the taxman to meet your business needs.

Corporate Taxation

We help businesses achieve their business goals in a tax-efficient manner. Understanding the tax impact on business operations and transactions in multiple jurisdictions is vital for a company’s survival. We provide tax consulting, advisory, finally implementation assistance, from the perspectives of domestic law and the international tax treaty network. With the increasing focus on governance and regulation, tax compliance has never been so important. Compliance failure represents not only a financial risk — financial penalties and possible increase in the tax charge, but also a serious business risk, as it can damage the taxpayer’s reputation with the authorities and the public. To remain competitive, companies are increasingly focusing on their core competencies and activities that create value for the company.

How AJ Sid & Co. can help?

  • Strategic Planning

    Formulating effective and tax-efficient strategies
    Capitalising on planning opportunities presented by tax laws
    Staying abreast of new developments that affect clients’ businesses

  • Consulting and advisory

    Analysing the tax impact of transactions holistically having regard to direct tax, indirect tax, regulatory and transfer pricing implications
    Providing opinions on transactions from a law viewpoint
    Identifying tax planning opportunities and addressing potential problem areas in the course of undertaking day to day business activities

  • Tax Compliance

    Tax return preparation
    Representation services before the tax authorities including assistance in tax audits by the tax authorities
    Assistance in appeal proceedings and tax litigation support
    Tax withholding advisory
    Review of tax status and evaluation of tax exposures
    Approval of retirement benefit funds from taxation authorities and other related matters thereto.

  • Due Diligence

    Audit of special purpose accounts with a tax perspective
    Ascertaining the tax liabilities (if any) that affect the financial performance of the entity

  • Tax Operations Advisory Services

    Design tax savings measurement for our clients.
    Increase company’s return on investment from the tax function.
    Develop manual and / or automated tax processes that reduce costs.

  • Tax Accounting Services

  • Tax provisioning and reporting. Assistance in the preparation or review of IFRS and / or local tax accounting obligations.

  • Tax accounting consulting. Technical tax accounting knowledge applied to transactions and other business issues.

Personal Taxation

The constantly changing tax legislations and complex domicile status issues have made it essential for high net worth individuals, owner-managers of businesses, corporate directors and executives to seek expert personal tax advice.

Potential issues

  • You want to minimize your Income Tax liabilities
  • You are a family business and seek bespoke advice on issues ranging from governance through to re-organization and tax planning
  • You want an effective remuneration plan for your company directors

How AJ Sid & Co. can help?

  • Consulting

    Identifying and advising on the tax planning opportunities available to minimize the tax burden based on the prevalent acceptable practices
    Drafting and reviewing of employment agreements

  • Compliance

    Obtaining National Tax Number (NTN)
    Computation of tax liability to be withheld from monthly salaries, preparation and filing of monthly/annual statements
    Tax Planning
    Handling tax notices
    Filing of tax returns, wealth statements etc
    Expatriate taxation is one of the complicated areas of personal taxation. Keeping in view the special requirements for taxation matters relating to expatriates, we provide additional services as follows:
    Entry and exit briefing and assistance in compliance matters
    Tax equlisation workings