Permanent Establishment (in Model Agreements and DTAAs)
Capital Gains
Royalty
Fee for Technical Services
Tax Information Exchange Provisions
Tax Credit / Refund Provisions
Fixed Place PE
Agency PE
Service PE
Global corporate compliance market is huge and growing very fast
Here is the US tax preparation industry market size:
Indian CAs and CS can do this work, due to a massive cost advantage.
Big Four and some CAs sitting in Gujarat, Maharashtra or Rajasthan who have set up their own KPOs, but they are only able to serve the top 5% of the US market.
The remaining 95% of the startups and SMEs are not being served by such professionals.
As an Indian CA/CS you have a massive cost advantage.
It’s a game changer for Indians CA CS from developing countries, because we have a massive cost advantage over the rest of the world.
As a compliance professional you can jump into the remote version of Silicon Valley that exists on the internet today. You could be part of the virtual Wall Street ecosystem, without having to worry about a visa!
Even lots of companies and startups have a standard CPA or corporate secretary and will take you onboard to reduce their costs.
Where needed, your clients will engage external CPAs or corporate secretaries to review your work and still save tons of money.
If you can earn 10 dollars per hour, and work for 200 hours in a month, you will be able to earn USD 2,000 - would you like to earn this kind of money?
This is only 8 hrs/day of work, for 25 days in a month!
This is a very cost effective proposition for foreign clients because minimum wages for even unskilled labour - a courier delivery boy, or someone who wants to work in a McDonalds, is higher than USD 10/hr!
You will understand when I show you how much Company Secretaries and CPAs earn in the USA compared to India:
Average earnings of a young CS in India:
Average earning of a CPA:
Average salary of a Chartered Accountant in India:
But I don’t know US tax and compliance work - How difficult is it to learn US law and compliance?
Turns out that it is not very difficult, and we have already been training several CAs and CS on it.
Btw, it is easier to do compliance filings in the US than in India because more information is digitally and openly available.
Imagine that you are running a law firm or a CPA firm.
You have hired 10 such CPAs.
All these people are working remotely anyway.
Now you realise that you can hire a good CA / CS from India, who may have worked in a Big Four or top CS firm, for USD 2000 per month, and provide to your teams of US CPAs as a paralegal resource or as an assistant to increase their productivity.
Do you think you will try it? Is it a good idea?
Does this make sense to explore at least?
What if you realise that your competitors are already doing this and by not doing it you will become uncompetitive?
imagine another scenario.
There is a startup in a Silicon Valley garage.
It is going to be the next big thing.
It gets into a premium accelerator. It’s getting interest from investors. Raises a seed round.
Investors are expecting them to run a tight ship, and hire a compliance professional.
The CA/ CS will bill them at least USD 50,000 per year.
They also have an option of hiring an Indian CA CS CMA to help them with a part of the work and drastically reduce that 50k bill to around 10k.
Also they are already used to hiring Indian techies remotely.
Will they say no to hiring a remote paralegal or virtual assistant who is conversant with US law but costs 1/5th?
What would you do if you were a startup CEO in the same situation?
A US CPA / corporate secretary costs an arm and a leg, but you can hire someone at 1/10th the cost from another country where CAs and CS are not as expensive, who knows transfer pricing, tax litigation work , can make business, corporate and tax filings.
A unique opportunity is brewing. It’s incredible and unprecedented.
Never in history before you could sit in India and work for fast growing US startups. It is incredible.
Big 4 accountancy firms as well as all other accountancy firms are always prepared to employ qualified and capable tax lawyers
Access study materials via our online portal & via our anroid & iOS apps.
You will receive hard copy study material delivered to your address.
Two practical exercises every week, each followed by written feedback.
Live online classes based on exercises, allowing questions and feedback.
Classes held after work hours, typically on Sundays or after 8 PM on weekdays.
Live doubt clearing for support and one-on-one sessions with mentors.
Note: This is an indicative list of our guest faculty members and not an exhaustive list. We may change the faculty members at any point based on availability.
If you take this course, follow it diligently for a month, attend all classes and do all the exercises but still do not find value in it, or are not able to understand or follow it or not find it good for any reason, we will refund the entire course fee to you. It is a 100% money back guarantee with only one condition, you must pursue it properly for a month. If you don’t find it valuable after that, get your entire money back.
We are the only organization in India which teach this kind of comprehensive corporate taxation course. Many employers, law firms and companies are happy to recruit our high performing students. If you do well in your exercises and classes, we can help you to get jobs, internships and assessment internships in good law firms, with renowned lawyers as well as in various companies.
Permanent Establishment (in Model Agreements and DTAAs)
Capital Gains
Royalty
Fee for Technical Services
Tax Information Exchange Provisions
Tax Credit / Refund Provisions
Fixed Place PE
Agency PE
Service PE
Mauritius for investment and financing transactions
Singapore
Dubai
Cyprus
International cooperation under DTAAs
Tax Information Exchange Agreements (TIEAAs)
Case study of Switzerland’s secrecy norms under DTAAs
Comparable uncontrolled price method (CUP)
Resale Price Method
Cost-Plus Method
Transactional net Margin method(TNMM)
Profit Split Method
Above prices are inclusive of all applicable taxes and charges.
Printed study material (by courier)
2 practical exercises/ Drafting exercises per week (24 weeks)
6 writing assignments
1-2 online live class/week
Get digital access to entire study material
Access on LMS, Android & iOS app
Instructor feedback on assignments
Doubt clearing on WhatsApp, LMS & classes
Instructor led course with online live classes
Online exams (give exams as per your convenience on given time slots)
Certificate (by courier)
CV enhancement
Coaching for professional networking
Internship & job support
Interview preparation support
Networking with students & alumni
Content access for 3 years
Doubt clearing within 24 hours
Top performers are recommended for jobs and client opportunities
7th to 9th June, 2024, 7 to 10 PM IST
We will let you know when we take more enrollments.
International Opportunities in Contract Drafting
7th to 9th June, 2024, 7 to 10 PM IST
International Opportunities in Contract Drafting
7th to 9th June, 2024, 7 to 10 PM IST
COO & CO-Founder, LawSikho
Chief Knowledge Officer & Co-Founder, LawSikho
Director of Upskilling, Lawsikho
Director - Corporate Courses & Special Projects (former Principal Associate at Khaitan and JSA)
Business Consultant and Growth Coach
Thank you for registering for the workshop.
Check your mailbox for the joining link. (From Bhawna Agarwal: [email protected]).
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