Foreign Accounting Support

Overview

At Jigar Shah & Associates, we provide end-to-end foreign accounting support to businesses and individuals with cross-border financial operations. With 20+ years of experience and a client base spanning the USA, UK, Canada, Australia, and beyond, our team ensures your books are accurate, compliant, and decision-ready — no matter where in the world you operate.

What We Cover

• Report of Foreign Bank and Financial Accounts (FBAR) — Mandatory filing for US persons with foreign financial accounts exceeding $10,000
• Foreign Account Tax Compliance Act (FATCA) — Computation of Income in US Dollar Terms
• Tax Advisory on Mutual Fund Investments — Capital gains computation, dividend distribution tax implications, and tax-efficient withdrawal planning
• Bookkeeping and financial reporting for foreign entities in compliance with local and international standards
• Preparation of financial statements as per IFRS, US GAAP, or applicable local GAAP
• Coordination with overseas accountants, auditors, and tax professionals
• Management reporting — P&L, Balance Sheet, Cash Flow Statements on a monthly/quarterly basis
• Compliance & Documentation Assistance — PAN, KYC compliance, NRE/NRO Bank Accounts
• Planning of Investments in India by NRI / OCI / Foreigners — Advisory on permissible investment routes
• Planning for Returning NRI — RNOR status planning, account conversion advisory