Setting up an India GCC from the United States
What a finance team in the United States should plan for when opening a Hyderabad entity, and how we handle it.
Two year-ends
Indian companies must use a financial year ending 31 March. Most US parents report on a calendar year, so we prepare Companies Act accounts to March and monthly US GAAP packs to your calendar.
US GAAP adjustments
We prepare parent-GAAP adjustments, such as lease, revenue and depreciation differences, alongside the Indian books.
Parent's US reporting
US owners of foreign corporations have their own US filing obligations, such as Form 5471. We supply the India figures your US tax advisers need.
Payments to the US parent
Withholding tax and Form 15CA/15CB apply to many payments abroad; we review treaty eligibility with a tax residency certificate.
The same core in every country
Whatever the parent's location, the India entity needs the same monthly core: books, TDS, GST, EDF, payroll, Registrar and FEMA filings. See all services and the compliance calendar.
General information, not tax advice. Treaty benefits depend on the facts and documents such as a tax residency certificate.
Ready to set up your India finance function?
Tell us about your entity and timeline. We reply within one business day (IST).