About the Sell Side
The Sell side, an Indian subsidiary of a US company formed in January 2019, provides Software as a Service (SaaS) services to a wide variety of companies.
The company’s SaaS product is a perfect way to provide feedback, insights and monitoring of employee performance on a real-time basis. The product is integrated seamlessly with various other tools & products available on the market, enabling them to provide high-quality insights into the performance of the employees.
Dealing with the best in class service for their clients enabled the company to acquire a huge clientele, including many multinational companies across the globe.
Due to their top-notch product features and the future ability for development, they attracted the interest of the software giant Microsoft Technologies & was subsequently acquired by them.
Sell Side Acquisition Support by PKC
- Preparation and submission of required data to Investors and Due-diligence auditors.
- Answering Investor Queries on Financial and Statutory aspects.
- Verification and validation of acquisition agreement and ensuring that there are no unfavorable conditions or untrue fact stated in the agreement.
- Verification and validation of employee related compensation agreements due to acquisition and ensured that there are no violation to any statutory aspects.
- Providing various tax related opinions related to acquisition.
Pre Acquisition support for company
PKC has been associated with the sell side since its inception, providing help on various financial, statutory support for the growth of the company like:
- Ensuring compliance with Transfer pricing & International taxation norms such as computation of Arms Length price and assisting in filling up Form 3CEB.
- Performing Internal monthly audits to ensure utmost financial integrity.
- Periodic filing of STPI related returns and other related compliances.
- Filing of periodic returns required by Department of Direct Taxes.
- Provided the required certificates under the various statute.
- Provided various opinions on Direct & Indirect tax laws.
- End to end financial handholding, including preparation of reconciliations to ensure the correctness of books of accounts.
