Advisory Services on Secondment of Expatriate

We offer an all-inclusive analysis on the tax and regulatory inferences on seconding an expatriate in India. The advice typically covers the permanent establishment issues, tax efficient salary structuring advice, applicability of social security contributions, foreign exchange topics and other tax compliances.

VISA documentation and Bank Account opening

We can also support the expatriate and the employer in spacing the correct documentation for bank account opening purposes.

Obtaining FRRO Registration (Foreign Regional Registration Offices)

Foreigners visiting the country on a long-term visa of more than 180 days, are required to get FRRO registration done inside 14 days of their arrival. Foreigners (including minors above the age of 16) need to get this registration done. Therefore, the family members of the expatriate, above the age of 16 will have to get themselves registered.

Obtaining PAN

We aid in obtaining PAN (Permanent Account Number), a unique identification number given by the Indian income tax establishments and an expat needs to obtain it in case the income is taxable in India. This is also used for filing a return of income in India.

Computing withholding taxes and making tax levelling statements

The entity employing the expats is vital to withhold the taxes (precisely converting salaries in foreign exchange as per the Income-tax Rules, 1962 and taking into account various exceptions and deductions) that are due on the salaries paid to all those expatriates.
Post this concealment, the entity needs to pay these taxes to the government and file quarterly returns of withholding taxes in Form 24Q specifying all the details of the expatriates.
At the end of the financial year, Form 16 which contains the taxes withheld and computation for the actual taxable salary and Form 12BA containing detail of the perquisites has to be issued.
We support in doing the tax balance calculation and the hypo tax workings.
We assist the employers in this entire process.

Assistance in Income Tax Return Filing and disclosure of Foreign Assets and Liability

We support the expatriates in confirming the computation for the relevant financial year and filing the income tax returns before the due date specified by the government. NKRJ & Associates also help the expat in disclosing the overseas foreign properties and obligations in case it's applicable.

Completion of exit formalities

Prior to the final departure from India, we assist the expat to obtain an Income-Tax Clearance Certificate ('ITCC') from the Indian tax establishments and get the FRRO annulled. The ITCC is required to be obtainable to the immigration authorities.
Connection to trusted experts in home search and migration.
We can endorse trusted real estate advisors focusing in relocation services for expats and migration consultants to take care of the VISA formalities.