Advisory Monks Consulting
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Home / Practices / Global Accounting & Tax Preparation
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FOR BUSINESSES OPERATING WORLDWIDE

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.

01 · What we do

Global accounting & tax preparation

Monthly close and partner-signed tax returns across the jurisdictions you operate in — one calendar, one team, consistent numbers.

What we handle

02 · Who this is for

Client profiles

Indian founders and UHNIs with US connection
Indian founders, executives, and UHNIs with US business interests, US tax residence, US asset holdings, or US family members requiring integrated US tax preparation and India-US tax planning.
Foreign companies with multi-jurisdiction operations
Foreign-headquartered companies with operating presence in multiple jurisdictions including India, requiring consolidated multi-jurisdiction compliance and tax preparation.
Diaspora families with multi-jurisdiction wealth
Indian-origin families with wealth distributed across the US, UK, Singapore, UAE, and India, requiring integrated multi-jurisdiction estate planning, tax preparation, and structural advisory.
Indian companies expanding globally
Indian-headquartered companies establishing operations in the US, UK, Singapore, UAE, or other jurisdictions, requiring foreign-side incorporation, tax registration, and ongoing compliance.
03 · How we engage

Engagement structure

01
Monthly close and management reporting
Day-to-day bookkeeping, monthly close, management reporting in jurisdictional and consolidated format, and the ongoing operational accounting function.
02
US tax preparation
Form 1040 individual returns, Form 1120 / 1120-S / 1120-F corporate returns, Form 1065 partnership returns, FBAR, Form 8938, Form 5471, Form 5472, and state-level returns. Partner sign-off by US CPA.
03
UK, Singapore, UAE tax preparation
Form CT600 (UK), Form C-S / Form C (Singapore), UAE Corporate Tax returns, VAT, and other jurisdictional returns. Partner sign-off by licensed practitioners in each jurisdiction.
04
Integrated cross-border advisory
DTAA position memoranda, Foreign Tax Credit claims, treaty applicability analysis, and the integrated multi-jurisdiction tax position for businesses and individuals operating across borders.
04 · Representative scenarios

Illustrative engagements

Representative scenario
Indian-origin US tax resident with India business
An Indian-origin US tax resident (green card holder) owns 40% of an Indian B2B SaaS Private Limited Company. The individual requires integrated US-India tax preparation including Form 1040 (with foreign tax credit claim), FBAR for Indian bank accounts, Form 8938 for the Indian shareholding above the threshold, Form 5471 for the controlled foreign corporation reporting on the Indian company, and GILTI computation on the Indian company's income. On the Indian side: ITR-2 with the necessary disclosures, DTAA claims on US-source income, and the integrated FTC reconciliation. Engagement: integrated US and India tax preparation, ongoing annual compliance, and the structural advisory on the cross-border holding.
Representative scenario
UK-based startup founder with India operations
A UK-resident founder of an Indian startup with Indian operating subsidiary requires integrated UK-India tax preparation. UK side: Self Assessment with foreign income disclosure, capital gains on any Indian share transactions, and the integrated DTAA position. India side: NRI ITR with Indian-source income disclosure, DTAA claims, and the integrated FTC reconciliation. Engagement: integrated UK and India tax preparation, ongoing annual compliance, and structural advisory on the UK-India founder position.
Representative scenario
Singapore-headquartered company with India subsidiary
A Singapore-headquartered technology company with an Indian operating subsidiary requires integrated Singapore-India compliance and tax preparation. Singapore side: Form C-S filing, ECI, GST compliance, and the corporate tax position. India side: subsidiary's full Indian statutory compliance, transfer pricing on the inter-company services, and the integrated position. The Singapore parent's Indian subsidiary holding requires disclosure on the Singapore side. Engagement: integrated multi-jurisdiction compliance covering both entities with single-firm accountability.
05 · Frequently asked

Questions clients ask

How does the partner sign-off model work?
Tax returns are prepared by the Advisory Monks team using the underlying client data, accounting records, and supporting documentation. The completed draft return is then reviewed by a partner licensed to practice in the relevant jurisdiction (US CPA, UK Chartered Accountant, Singapore Chartered Accountant, UAE-licensed practitioner). The partner reviews for technical accuracy, regulatory compliance, and signing standards in the relevant jurisdiction, then signs the return as the licensed preparer. The client receives a return prepared by Advisory Monks and signed by a licensed jurisdictional practitioner.
Can Advisory Monks be my primary firm across multiple jurisdictions?
Yes. The Global desk's structural model is designed to support clients engaging Advisory Monks as the primary advisory firm across multiple jurisdictions, with the underlying partner network providing licensed certification in each. The single-firm engagement model materially reduces coordination overhead, simplifies documentation flow, and improves consistency of tax position across jurisdictions.
What is the timeline for US tax preparation?
Federal Form 1040 with standard schedules and foreign disclosures (FBAR, Form 8938, Form 5471 if applicable) is typically prepared and ready for signing within 3 to 5 weeks of complete information receipt. Complex returns involving Form 1120-F, multiple foreign entity disclosures, GILTI computations, or PFIC analysis may extend to 6 to 8 weeks. Filing deadlines: federal personal returns are due April 15 (with automatic 6-month extension to October 15); corporate returns are due based on entity fiscal year.
How do you coordinate with my existing accountant or counsel?
We frequently operate alongside existing accountants or counsel in specific jurisdictions, with the role demarcation calibrated through a scope memorandum. Where the existing relationship is functioning well, the Global desk typically covers the new jurisdiction's compliance or the integrated cross-border advisory while the existing accountant continues their established scope. Where the client is moving to a consolidated single-firm model, we coordinate the transition over an agreed handover window.
What is the cost structure for Global desk engagements?
Consistent with the firm's broader pricing approach, Global desk fees are tailored to the specific scope of engagement rather than priced per service unit. For tax preparation engagements, fees are typically structured per filing cycle with quarterly review and adjustment. For ongoing operational accounting and management reporting, fees are typically structured as monthly retainer arrangements.
Does the Global desk handle UAE Corporate Tax registration and filing?
Yes. UAE Corporate Tax (introduced from 1 June 2023) compliance is a substantive workstream of our Global desk. Coverage includes Corporate Tax registration with the Federal Tax Authority, the corporate tax return filing, the Free Zone qualifying status assessment and ongoing maintenance, VAT registration and compliance where applicable, and the integrated UAE-India tax position where the entity has Indian operations or shareholders.
“For top-notch support in accounting, tax and consulting, Shamik and his team are the go-to experts — they consistently go above and beyond to get things done seamlessly.”
Nikhil NainwaniFounder
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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.