MSA Sets Up GCC Advisory on Finance, Tax Compliance
6 MAY 2025 / 02 min read
Mukund Shiva & Associates (MSA), a leading Chartered Accountant firm, has launched a dedicated advisory desk for Global Capability Centres (GCCs) operating in India, providing expert support on finance, tax, and compliance.
Mukund Shiva & Associates (MSA), a leading Chartered Accountant firm, has launched a dedicated advisory desk for Global Capability Centres (GCCs) operating in India, providing expert support on finance, tax, and compliance.
The new desk, announced on May 5, aims to address the growing financial and regulatory needs of GCCs, which have become a crucial part of India’s economy. With over 1,600 active GCCs in India, the sector is expected to continue growing, driven by the country’s skilled workforce and favorable business environment.
MSA’s dedicated advisory desk will offer a range of services, including tax structuring and planning, FEMA and cross-border compliance, audit and assurance support, financial reporting and MIS, and entity set-up and operational onboarding. The desk will be staffed by a cross-functional team of Chartered Accountants, compliance specialists, and financial analysts with deep experience in serving global organisations operating in India.
“Over the last few years, we’ve seen a sharp rise in regulatory obligations and reporting challenges for GCCs”, said Shiva Prakash, Director at MSA. “This desk is our response to that- a focused effort to guide GCCs through Indian tax laws, cross-border transactions, FEMA compliances and audit processes”.
The launch of the dedicated advisory desk is part of MSA’s broader initiative to build tailored service lines for high-growth sectors. The firm plans to deepen its offerings by integrating AI-driven reporting tools, expanding support for ESG compliance, and offering training sessions for GCC finance teams.
MSA has already been working with a few early-stage GCCs in sectors like automotive, SaaS, IT, and retail, helping them transition from reactive compliance to proactive financial management. The firm expects to build long-term relationships with GCCs, providing them with centralized expertise and support.
