We offer highly reliable Project Consultancy services to the clients. These are the Advisory services that aid foreign nationals or companies in order to establish business or liaison office in India. A “Liaison Office” means a place of business to act as a channel of communication between the principal place of business or head office and entities in India but which does not undertake any commercial, trading or industrial activity, directly or indirectly. A liaison office is not permitted to undertake any business activity in India and cannot earn any income in India and therefore is required to maintain itself out of inward remittances received from the head office outside India. The activities of the liaison office are typically restricted to the following :
Representing the parent company or group companies in India
Promoting exports from and imports to India
Promoting technical and financial collaborations between parent or group companies and companies in India
Acting as a channel of communication between the parent company and Indian companies

Foreign insurance companies can establish liaison offices in India, after obtaining approval from the Insurance Regulatory and Development Authority (“IRDA”). Foreign banks can establish liaison offices in India only after obtaining approval from the Department of Banking Operations and Development, RBI. Permission to set up a liaison office is initially granted for a period of three years and can be extended subject to certain conditions. Our Project Consultancy service includes:Project Financing, CMA Data& Project ReportsWe are having sound knowledge about preparing financials, Provisional and projected financials and also the basic ratios to decide about funding. By virtue of Rigorous experience and high amount of patience we are able to prepare :

Project Report
CMA (Credit Monitoring Analysis) data
Feasibility Report
Credit Appraisal Memo (CAM)

We can easily convince about feasibility of project as well as communicate the correct funding requirements, whether it is Term Loan (TL), Cash Credit (CC), Bank Guarantee (BG), letter of Credit (LC) or any other facility. CMA Data (in banking terms) is the short form of the term Credit Monitoring Arrangement Data, which is prepared to determine the borrowing capacity of the business organization. It has to be submitted by the borrower to the bank, in case of nationalized banks. Project Report is a report, to be submitted by the borrower, stating the details of the project for which finance is required. It is mandatory in case of project finance.Accounting ServicesWe offer a complete range of accounting services, including receivables, payables and payroll management. We prepare financial statements in accordance with Generally Accepted Accounting Principles (GAAP) for use by banks, investors and other third parties. Our firm will also prepare custom financial reports for internal managerial use. Keeping Track of dividends, stock portfolios, brokerage statements, storage of life records in our virtual vault, compiling documents for your accountant and other related services, which you may wish to have tailored to your particular needs. Everything is managed and executed through our confidential computer system. By tracking all your financial requirements, we keep a track that helps to reduce the chance of errors and duplicate payments and also to avoid costly overdraft fees.