Accounting and legal member firms of MSI join forces to advise a leading Indian ICT provider on the incorporation of companies in the United Kingdom, France, Japan and Singapore.
Client's background
Headquartered in India, Bharti Airtel is a global communications solutions provider with over 490 million customers in 17 countries across South Asia and Africa. Its principal activity is the operation and provision of telecommunication facilities and services including international wholesale voice, bandwidth and other related telecommunication services to telecom operators and corporate customers across the globe.
For operational convenience and to explore the European and Asian telecommunication markets, the group decided to incorporate companies in the United Kingdom, France, Japan & Singapore and approached MSI member firm Enablizer (New Delhi) for assistance.
How did MSI Global Alliance provide the solution?
Enablizer reached out to MSI member firms to provide (ongoing) support with the specific needs of the entity in the respective markets.
UK: haysmacintyre (London) supports multiple entities for Bharti Airtel. The member helped the group to incorporate multiple entities in the United Kingdom and continues to manage regular corporate tax compliance in accordance with Companies House.
France: Schmidt Brunet Litzler (Paris), assisted the client with incorporating a company in France and is providing secretarial compliance services on an ongoing basis. It has also supported Bharti Airtel with a couple of corporate tax assessments initiated by the French Tax Administration (FTA).
Singapore: For over seven years, Heng Lee Seng LLP (Singapore) has been assisting the client with regular GST compliances, corporate tax and TVA assessments initiated by the Inland Revenue Authority of Singapore (IRAS).
Japan: Furuhashi and Associates (Tokyo) assisted the group with the incorporation of a company in Japan, and continues to assist the client with regular tax compliance services as required.
The client has expressed satisfaction with the work of all member firms involved and praised our services. The positive impression is also evident from our constant and continued connection with the client since the incorporation of the companies.
Through the support of MSI member firms, the client enjoys successful ongoing advice in relation to local taxation, secretarial and indirect compliance and assessments.
