As you plan growth strategies for the coming fiscal, expanding customer base in the US will be one of the top items on your agenda. It is certainly possible to manage US business without having a branch/subsidiary, but things can be a lot more streamlined once you are able to establish your presence in the US.

1. Subsidiary Accounting

2. Subsidiary Accounting
 While you do business with clients in the US, at some point of time, it
will start making better sense, to have your own Subsidiary Company
to manage your business in the US.
 While considering this decision of having this subsidiary, you need to
take care of all the tax and legal implications, both in the US as well
as in India
 At OATS, we help you to set up and manage all the accounting and
financial aspects of this subsidiary

3. Range of our services
Set-up
Monthly/Annual
Accounting
Compliances Consolidation
• Help set up subsidiary
• Tax registrations
• Info on various
alternatives with
respect to types of
organization
• Invoicing, Receipts, AR
reports, Bank
reconciliations
• Vendor payments, AP
reports, Expense
re-imbursements
• Fixed assets and
depreciation
• Payroll and allied
services
• Monthly/ Annual MIS
• Providing
information to local
tax advisor for
federal, state and
local tax
compliances.
• Tracking
compliance
calendar and
reporting to
management.
• Preparing
consolidated
financial
statements of the
holding company
and its subsidiaries

4. Illustrative Case – Finance & Accounts outsourcing
4
Client : An mid-sized IT company with HQ in India and operations in the US
Need : The Company was signing on new customers in the US. They felt
that it would be useful to set up a subsidiary in the US to manage the US
business more efficiently
Benefits
• Hassle-free financial operations for the US subsidiary
• Easy to consolidate financials statements at Parent company level
• Company could focus its efforts on growth initiatives
Solution :
• Assistance with the US subsidiary set up and tax registrations
• On-going monthly / annual financial MIS including invoicing, receipts,
AP accounting, payments, Payroll and bank reconciliation
• All Tax and legal requirements fulfilled for both the holding company
as well as the US subsidiary

5. About OATS
• OFFSHORE Accounting & Taxation Services (OATS) offers customer-
centric Finance & Accounts outsourcing solutions.
• Combining years of experience, cross-domain expertise and
leveraging technology.
• OATS delivers cutting edge solutions to make ‘simplified accounting’ a
reality
• With the right investments in technology tools, a capable team and a
strong network comprising of Certified Public Accountants, Chartered
Accountants, Cost Accountants, MBA Finance, Company Secretaries,
OATS provides unique value to its customers.
• OATS is entirely committed to deliver a superior customer service
experience and help you focus on you core business

6. Benefits
 Hassle free experience in setting up and managing the Accounting
and financial aspects of the subsidiary
 Meet all the legal and compliance norms leveraging our experience
and knowledge
 Easy to consolidate financials across holding company and its
subsidiaries for reporting / analysis
 Allows you to focus on your business growth with all the accounting
and financial reporting taken care of

7. Contact us
OFFSHORE ACCOUNTING AND TAXATION SERVICES PRIVATE LIMITED
Sujam, Survey No. 81/5B
Plot No. 1, Chandragupta Housing Society,
Behind Maharaja Complex
Paud Road, Kothrud
Pune – 11038. INDIA
Contact@oats.co.in
www.oats.co.in