MSA launches advisory desk to GCCs in India

Clients will have access to customised financial reports and insights aligned with global reporting systems. Credit: Andrey_Popov/Shutterstock.

Indian chartered accountant firm Mukund Shiva & Associates (MSA) has launched a dedicated advisory desk to enhance financial and regulatory support for Global Capability Centres (GCCs) operating in the country.

The newly established desk is aimed at addressing the increasing financial, tax and compliance requirements of GCCs through a combination of expert-led services and forward-looking advisory support.

As India continues to establish itself as a key global hub for capability centres, multinational companies are increasingly relying on their Indian operations for core business functions, including finance, analytics, information technology and procurement.

The expansion of these operations brings added complexity in managing compliance and financial oversight. To meet these needs, MSA has assembled a cross-functional team comprising chartered accountants, compliance specialists and financial analysts.

The team brings extensive experience in supporting global organisations within the Indian regulatory environment, the firm noted.

 The desk will serve as a single point of contact for GCC clients and deliver a mix of advisory and implementation services.

Its offerings include assistance with income tax, GST and transfer pricing arrangements designed to minimise risk and optimise cost structures.

Additionally, the desk will also support foreign exchange management compliance, fund repatriation planning and documentation processes.

Internal audit services, risk assessments and regulatory filing support are part of the portfolio aimed at improving transparency and internal controls.

In addition, clients will have access to customised financial reports and insights aligned with global reporting systems.

New GCCs entering the Indian market will receive guidance on selecting operational structures, drafting standard operating procedures and ensuring compliance with Indian financial standards.

These services are available through flexible engagement models, including monthly retainers and project-based arrangements tailored to the size and development stage of each GCC.

India is home to more than 1,600 active GCCs, a figure that continues to grow as international companies scale their operations in the country, the firm said in its press statement.

These centres are often tasked with maintaining global alignment while adhering to local regulatory standards, a challenge that requires dedicated financial advisory support.

MSA noted that it has already worked with early-stage GCCs in industries such as automotive, SaaS, IT and retail, assisting them in shifting from reactive compliance practices to proactive financial management.

The launch of the GCC Advisory Desk forms part of MSA’s broader strategy to develop sector-specific service offerings for high-growth industries.

Future plans include the integration of AI-enabled reporting solutions, enhanced support for ESG compliance and the introduction of training programmes for finance teams within GCCs.

MSA director Mukunda said: “Most GCCs either over-rely on in-house teams or work with fragmented service providers. Our idea is to step in with focused, centralised expertise. “This is not just a service launch – it’s a long-term commitment to the evolving needs of the GCC ecosystem.”

Sign up for our daily news round-up!

Give your business an edge with our leading industry insights.

_{Images are for reference only.Images and contents gathered automatic from google or 3rd party sources.All rights on the images and contents are with their legal original owners.}