International Business Seminar to Address Key Financial Reforms and Taxation Issues

Gurugram, India: On July 17, 2024, Yarana Trading and Services Private Limited will host a significant joint seminar under the auspices of the Japan Chamber of Commerce and Industry in India (JCCII). The seminar, slated to take place from 15:00 to 16:45 IST at the Aju Hinode Hotel in Gurugram, will cover critical topics relevant to businesses operating between India and Japan.

The event, featuring presentations in both English and Japanese, will be conducted in collaboration with renowned consulting firms En Pointe Adwisers LLP Chartered Accountants India, NAC Nose India Pvt. Ltd., and AST Tax Corporation Tokyo Japan. The seminar aims to provide valuable insights into several pressing financial and regulatory issues affecting international businesses.

Among the key topics to be discussed is the forecast and strategic insights into the upcoming fiscal policies and budgetary expectations for 2025. Experts will delve into what businesses can anticipate in the next year’s budget and how they can prepare for potential changes. Additionally, the seminar will address recent amendments in internal control regulations in India and the associated fraud risks. This segment will highlight the implications of these regulatory changes and offer guidance on mitigating fraud risks.

Another significant area of focus will be the latest trends in transfer pricing and the mechanisms available for resolving disputes. Discussions will cover the Mutual Agreement Process (MAP) and Advance Pricing Agreements (APA), providing businesses with strategies to navigate complex transfer pricing issues and resolve disputes efficiently. Moreover, the seminar will shed light on the latest consumption tax reforms in Japan and their impact on foreign businesses, offering a comprehensive understanding of these changes.

In the realm of taxation, the seminar will feature a detailed session on the 10% withholding tax applicable to fees for technical services rendered by Indian entities to their Japanese counterparts. This session will discuss the benefits of filing tax returns to claim refunds in Japan and outline the key considerations for businesses dealing with such transactions.

Following the seminar, a Q&A session will provide attendees with the opportunity to engage directly with the subject matter experts. Esteemed speakers for the event include Ms. Nidhi Puri, Partner at En Pointe Adwisers LLP; Mr. Hiroki Nose, Managing Director of NAC Nose India Pvt. Ltd.; Mr. Hiroshi Matsuki, Representative Partner at AST Tax Corporation Japan; and Ms. Tarannum Khan, India-Japan Business Relations Consultant at Yarana Trading & Services Pvt. Ltd.

The seminar is open to all interested parties free of charge. To register, attendees are requested to send an email with the subject “JCCII Seminar” to Ms. Tarannum Khan (tarannum@indokuni.com), including their name, company, designation, and mobile phone number.

For additional information or to notify about any change in attendance, participants can contact Ms. Tarannum Khan at +91-88-2601-3131. The seminar promises to be an informative event, offering critical updates and expert advice on navigating the complex landscape of international business and taxation.

Contact Information:

Email: tarannum@indokuni.com

Phone: +91-88-2601-3131 (Tarannum Khan, 日本語可)

Disclaimer: The content of the seminar is intended solely for commercial purposes and should not be construed as professional advice. Yarana Trading & Services Pvt. Ltd., along with the collaborating entities and their representatives, are not liable for any losses incurred by individuals relying on the information provided without formal consultation.