Global Accounting & Tax Preparation.
Beyond India, our Global desk delivers monthly close, management reporting, and partner-led tax preparation for businesses operating worldwide. Tax returns prepared by our team and signed by partners licensed in the relevant jurisdiction. US, UK, Singapore, UAE, and other DTAA jurisdictions on engagement.
Our work in this practice
The Global desk extends Advisory Monks Consulting's advisory framework beyond India to support businesses operating in the United States, United Kingdom, Singapore, United Arab Emirates, and other jurisdictions with which India has tax treaties. The operating principle is that contemporary businesses, founders, and family wealth structures rarely respect single-jurisdiction boundaries; the integrated advisory across jurisdictions is materially more valuable than the assembled work of multiple national advisers operating independently.
The Global desk operates on a structured model. Day-to-day bookkeeping, monthly close, management reporting, transaction processing, and the preparation of tax returns are performed by the Advisory Monks team. The technical review, partner sign-off, and licensed certification on the tax returns is performed by partners admitted to practice in the relevant jurisdiction. The integration provides cost efficiency through the Advisory Monks team while maintaining licensed accountability through the jurisdictional partners.
United States coverage includes federal Form 1040 individual income tax returns (with the full Schedule A, B, C, D, E complement, foreign earned income exclusion under Section 911 where applicable, and Foreign Tax Credit Form 1116), corporate Form 1120 returns (including Form 1120-S for S-corporations and Form 1120-F for foreign corporations with US-source income), partnership Form 1065 returns (with Schedule K-1 distribution), and trust Form 1041 returns. Compliance extends to the Foreign Bank Account Report (FBAR) under FinCEN, Form 8938 Foreign Financial Asset Disclosure under FATCA, Form 5471 Information Return on Foreign Corporations, Form 5472 Information Return on Foreign-Owned US Corporations, and Subpart F and GILTI computations for controlled foreign corporations. State-level returns and franchise tax compliance are added as required.
United Kingdom coverage includes corporate Form CT600 returns under the UK Corporation Tax framework, individual Self Assessment returns, Value Added Tax (VAT) compliance, the Pay As You Earn (PAYE) framework for employer obligations, the Construction Industry Scheme where applicable, Capital Gains Tax for individuals, and integrated DTAA position for cross-border income flows. The UK-resident non-domiciled framework, while substantially modified by recent reforms, remains relevant for certain Indian-origin individuals with UK residence.
Singapore coverage includes corporate Form C-S returns (simplified form for Singapore companies meeting specified conditions) and Form C returns (full corporate income tax form), the Goods and Services Tax registration and compliance, the Estimated Chargeable Income (ECI) preliminary tax filing, and the integrated Singapore-India DTAA position. The Singapore tax framework, with its corporate tax rate, partial exemption for new companies, the global trader programme, and wealth-attractive features, intersects with Indian taxpayer planning in multiple structural scenarios.
United Arab Emirates coverage includes the federal corporate tax framework (introduced from 1 June 2023 with 9% corporate tax above AED 375,000 income threshold), the Free Zone and qualifying free zone person regime (with the 0% rate for qualifying income subject to specific conditions), the Value Added Tax framework (5% standard rate since 2018), and integrated UAE tax position with the India-UAE DTAA. The UAE tax framework's recent development has created new compliance requirements and structural considerations for Indian-origin businesses and families with UAE operations or residence.
Other DTAA jurisdictions covered on engagement include Canada, Australia, Germany, France, Netherlands, Switzerland, Ireland, Luxembourg, Mauritius, and other major economies. The Global desk's coverage model permits scope flexibility: clients with operations in multiple jurisdictions can engage Advisory Monks as the primary advisory firm for all jurisdictions, with the underlying partner network providing the licensed certification in each. The single-firm engagement model materially reduces coordination overhead, simplifies the documentation flow, and improves the consistency of tax position across jurisdictions.
Client profiles
Engagement structure
Illustrative engagements
Questions clients ask
Tell us about your facts. We will respond with a structured approach.
Each engagement begins with a structured workshop covering your specific facts, timeline, and constraints. We respond with an option analysis and indicative fee within five working days of the initial discussion.