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Overseas Opportunities for Chartered Accountants and Income Tax

CA Vijesh Zinzuwadia

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Globalisation

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When Indian Businesses are going overseas /Foreign Business are coming to India:

  • Business Advisory
  • Virtual CFO
  • Cross Border Transaction Advisory / International Taxation & Compliance

When the Opportunities get created ?

What are These Opportunities ?

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  • Attending Networking events
  • Becoming member of bilateral organizations like chambers of commerce
  • Become member of Global Professional network

How to Tap Opportunities

How to Serve Better

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Outsourcing/Offshoring

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Difference between Outsourcing / Offshoring ?

Who can do outsourcing?

Possible Accounting / Tax Services in Outsourcing?

Who could be prospects?

Any other opportunity?

Opportunities in Outsourcing / Offshoring

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  • If not committed full time
  • If no exposure / training on local laws / regulations / deadlines etc.
  • If not updated regularly with legislation changes
  • If no loyal members and / or no back up members
  • If no initial Investment back-up
  • If you don’t believe “change is only constant”
  • If no DPO / no data privacy compliance regulation in place
  • If not vigilant and lucky enough like how one need to be in snake & ladder game

Why One Can Fail in Outsourcing?

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Role of automation / AI in accounting and tax industry?

Cope up with IT set up and different softwares?

Client Relationship?

Employees Retention and increased compensation?

What is after outsourcing?

Challenges in Outsourcing

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  1. Build the trust and embark your presence through Either your approach Or Recommendations Or testimonials

2. To build the trust and secret key for Success:

  • Consistency
  • Clear Communication
  • Relationship Building
  • Technical Proficiency
  • Time Investment and patience

How to Earn Opportunities?

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Q&A

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ZINZUWADIA & CO.

Chartered Accountants

606, North Tower, One42, Bopal Ambli Road, Ahmedabad - 380058

Ph: 9825329576 E-mail: vijesh@zinzuwadiaco.com Web: www.zinzuwadiaco.com