Witcorp caters to following service arenas :-
Witcorp is first a tax consultant and then a book keeper or a financial advisor.The tax team works on various assignments covering International taxation, global mobility tax, cross border tax, corporate tax, individual tax, transfer pricing, TDS, professional tax & provident fund advisory.
The Government of India (GOI) is trying to make taxes simple but in this endeavor, the process becomes all the more complicated every single time, they try to ease it. Typically, the client wants to know the procedure which make the tax returns filing easy and simple for them & here, we are the solution.
Witcorp adheres to company registration, ROC filings, FEMA regulations, liquidation, and financial statement analysis.
Client wants to keep abreast with all the changes & frequent release of new forms & procedures introduced by the GOI. Modi government is in strongest endeavor through its Ministry of Corporate Affairs to turn the corporate culture in India by drowning the non-compliant unorganized sector, tax evaders & the shell companies into well organized, professional and compliant corporate.
What we do, is to tune so much noise by simplifying the procedure and helping our clients in being compliant with the newly introduced and ever changing legal climate.
GST Compliance & Advisory
Adhering to registrations & all the filing requirements by referring to latest notifications/circulars so issued by the authorities, educating the client on regular basis, we take into account his specific business structure and advice accordingly. We do this by providing a single point of contact for all GST work, keeping the client upto date on all the related matters. We work diligently to take care and follow up with the clients to avoid unnecessary penal fines and charges for non-compliance.
GST was enacted just 2.5 years back in India and implemented in various phases in the country. It is still being analyzed and put through dynamic changes over this period to make it in accord of the India corporate culture, molding the corporate with the GST implementation. What we do, is to bridge the gap.
Financial Consulting & Valuation
We cater to balance sheet analysis for loan procurement, product pricing & tax planning. The client wants to get his property, their closely held shares & various other asset classes valued by professional valuers, so we take necessary support from our associated group of chartered engineers & registered valuers.
Start Up Consulting
Witcorp diligently works to analyze the structure of operations required for putting the client’s business in place, advising on the type of registrations, licenses, software for keeping the books of account. The big question for the client is whether to form an LLP or a company or a partnership firm or sole proprietor?
The question remains for the overseas entities to how to enter India & by what route? They know, they need to be legally compliant with the Indian statute. We help them in putting a legal business structure in tune with all laws of the country which can be mutually beneficial for such entities and India.
Licensing & Registrations
If not all but some business activities needs to be registered or licensed to work in any Indian state. We assist our clients in complying with various registrations and taking licenses including :-
1. Shops & Establishments
2. Trade License
3. Trade mark & ISO Certifications
4. Website policy & privacy agreement
5. Export & Import Code
6. Labour License & Professional tax registration
7. FSSAI – FOOD License
8. MSME registration
9. STPI Registration
10. Startup India Registration
11. Any Other
We understand the world of financial markets through the eyes of our leadership, the breath and width of the market is constantly under our scrutiny. It is your money so invest wisely and use our expertise to make compounded market returns.
We cater the investment advisory to the clients under two heads, Equity and Fixed income securities. Broadly Speaking, Witcorp advices on the portfolio capital allocation. The Advice on diversification of the entire capital/wealth portfolio depends on investor’s risk appetite and his investment horizon.
We advise the top rated mutual fund investments, well researched equity stocks with strong growth potential, instruments issued by the government/others for saving capital gains taxes. We also advise on the life insurance policies, medial insurance policies & accidental insurance.
We carry out fundamental research and advice strong growth potential stocks for the long term, here the objective is not to make short term profits with our concentration on wealth creation and dividend earning. Here we advise on the basis of CAGR, book value, corporate governance and most importantly valuation comfort.
Under technical analysis, we research on the quarterly earnings of the corporate, elections – state & union, mergers & acquisitions, daily developments of project announcements, order books etc, revenue visibility, Monetary policy, Fiscal policy, GDP, Industrial production, Inflation and their immediate effects on the markets & Individual stocks. Since the Indian economy is no more isolated from the global economy, we work hard to analyze the immediate effect of ongoing global developments like Brexit, Grexit, trade wars, geopolitical tensions and International monetary policies on our Indian markets.
Export & Import Compliances
The compliances for import-export entities are in addition to those of domestic entities. & different too for 1. Import-export of services 2. Import-export of goods.
The additional compliances are:-
A. FEMA – Foreign Direct Investment provisions
B. Foreign Contribution (Regulation) FCRA
C. LUT Application
D. STPI compliance
E. Softex Certifications
F. SEZ compliances
G. Transfer Pricing
The questions remain – how to set up the Indian entity with or under the foreign parent? how to mitigate the taxes in India?
This is where we step in and assist the client.
Number Of Clients
Founding Of Witcorp
Shiva Advisors is the founding name of Witcorp India Advisors.
The word “Shiva” holds same meaning as the word “Jatin”. Shiva Advisors (SA) was a start up created by a random thought of our founder, Jatin Nasa, in the year 2016 post he left PwC. While he joined Deloitte, the thought was turned into reality by the other founder, Damini Agarwal. The journey of the founders has been very exciting from Shiva Advisors to Agarwal Nasa & Associates to Witcorp India Advisors LLP.
Presently, Witcorp holds a portfolio of clients in GST, Income Tax, Business Registration, Corporate compliance, Start up consulting, Book Keeping, Transfer Pricing, Valuation, Payroll Management, International Tax across India, Singapore, Australia & USA. To counter the expertise of our competitors, Witcorp has associated with various professionals in Delhi, Mumbai, Bangalore & Kanpur to lend support in the aforesaid arenas.
The vision of Witcorp is to build a formidable presence as an expert advisor, having a stronghold in compliance management of the aforesaid arenas in India and abroad for its clients in E-commerce, Information Technology, Artificial Intelligence, Trading, Healthcare, Public Welfare, Education, Real estate & other conglomerates.
Jatin Nasa is an experienced professional, having gained mettle in various technical areas while working with BIG 4 Professional firms – EY, PwC & Deloitte, for more than 5 years. He founded shiva advisors after leaving PwC and set up a Chartered accountancy firm, Agarwal Nasa & Associates.
Witcorp, finally, is a limited liability partnership which is an alternative corporate business form that gives the benefits of limited liability of a company and the flexibility of a partnership.
Jatin has immense knowledge and significant experience in the area of human capital covering global mobility and employment taxation, tax issues relating to exchange control, interpretation of double tax avoidance agreements, tax litigation and India social security.
At Witcorp, he is extensively involved in structuring of international assignments in a tax efficient manner, compensation structuring review, resolving cross border tax issues around individual taxation including advisory on Indian Social security. He keeps a constant vigil on financial markets, its breath, core and depth catering to investment advisory for the clients as per their risk appetite and investment horizon.
Apart from being a Chartered Accountant, he holds CFA level 1 clearance, ICAI certifications in valuation and international taxation. He also has a bachelor’s degree in commerce from University of Delhi.
After completing her chartered accountancy, she started her career with PwC in their global mobility taxation. After 2 years of working, she switched to full time practice and established her name in this profession in the city of Bangalore as an owner at Shiva Advisors. After working as an individual practician for more than 2 years, she set up a chartered accountancy firm, Agarwal Nasa & Associates. She has made Witcorp India advsiors a reality with her sheer wit.
At witcorp, she has applied her diverse knowledge and gained expertise in corporate accounting, taxation and compliance, especially in GST compliances, TDS compliances, ROC, litigation, book keeping, Return filing, tax assessment.
Apart from being a Chartered Accountant, Damini has done graduation in commerce from University of Kanpur.
Damini Agarwal has truly done an incredible job in providing a simple tax service to a leading tax preparation and accounting service across Bangalore and India. I would sincerely recommend Witcorp to anyone who asked without second thoughts.”
– Abhinav Pathania
Kudos to the team!”
– Rajesh Naik
– Gorakh Shrivastav
– Mriganka Bhuyan
– Danish Refai
– Rishabh Malhotra
– Arnold Fernandes