Make India Compliance Effortless.
Freelancers to foreign companies—ITR, GST, ROC, FEMA/DTAA covered with one remote CA partner.
- 100+ Freelancers Served
- 500+ Companies Formed
- 1000+ Compliance Filings
- 24×7 Remote CA Support
Talk to a CA · Get a Quote
Different Needs, One Partner
Every business is unique-discover solutions designed for your journey.
- Business structure advisory
- GST & compliance
- Tax Filing with planning
- Tax Audit
- Auditor appointment
- Accounting, GST compliance
- ROC filings & audits
- Virtual CFO services
- Company setup & incorporation
- Local director & office support
- FEMA & RBI Compliance
- Virtual CA/CS as your CFO
At TaxVic, our vision is to serve every client with care, discipline and consistency.
From freelancers earning global income to startups and growing companies in India, and even foreign businesses entering the Indian market – we provide proactive, transparent, and affordable CA services.
Our lean and efficient team focuses on long-term value, ensuring compliance is never a burden. With us, you don’t just get filings done – you gain a lifetime partner for every stage of business.
Smart Business & Tax Insights
Don’t Just Take Our Words
Running a business meant endless invoices, GST, and filings that I just couldn’t keep track of. TaxVic took over everything accounting, GST, and compliance so I can focus only on selling. They’re efficient, responsive, and make compliance stress-free.
As a freelancer working with international clients, I was always confused about tax planning and GST. The TaxVic team not only filed my returns correctly but also helped me save more through smart planning. They explain things simply and are always available when I need them.
When we expanded into India, we needed a reliable local partner to manage everything such as our overall accounts, payroll outsourcing. CA Reetu handles all our taxes, FEMA, and RBI compliance in India.
Our startup needed someone who could handle end-to-end compliance without slowing us down. TaxVic has been proactive with ROC filings, accounting, and tax planning. They act more like part of our team than an outside CA firm.
Switching from being self employed to running a freelancing business was overwhelming at first. TaxVic guided me through gst registration,invoicing, tax planning and ongoing accounting. Now I know my compliance is in safe hands, and I can focus on scaling operations.
Exporting seemed complicated with all the paperwork-IEC, LUT, DGFT filings-but TaxVic made the process seamless. They explained each step clearly and handled everything efficiently, so I could start shipping without delays.
As an NRI, I wanted to gift property to my sister in India but was unsure about the legal and tax implications. TaxVic prepared the gift deed, explained the process clearly, and ensured everything was compliant. Their support made the entire transfer smooth and stress-free.
Managing multiple ventures while also handling complex compliance was never easy. TaxVic has been my trusted partner for everything from company filings to tax planning. Their expertise and proactive approach give me the confidence to focus on scaling my businesses and investments without worrying about compliance.
Ready to Focus on Growth Instead of Paperwork?
Our sales team will get in touch with you within 15 minutes.
Common Questions
For Freelancers
Do I need to file ITR if my income comes only from foreign clients?
Yes. If you’re an Indian resident, global income is taxable in India. You must file your ITR and can claim DTAA relief if tax is already paid abroad.
Can freelancers claim business expenses as deductions?
Yes. Expenses like internet, software, laptop, subscriptions, and even part of your rent can be claimed if used for your work. If you are adopting for section 4ada, the concept changes. Book free 15 minutes appointment with CA to know answer.
Do freelancers need to register for GST?
GST is mandatory if your turnover exceeds ₹20 lakhs (₹10 lakhs in some states). It may also apply if you provide services abroad and want to claim refunds. For those providing services outside India and if that service falls under category of export of services then GST registration ois mandatory-there is no threshold in that case, even if you receive 100 usd, you need to register for gst.
What is Softex and do freelancers need it?
Softex is required for IT/software export reporting. It applies to registered companies/LLPs, not individual freelancers.
How can freelancers avoid double taxation on foreign income?
By using DTAA (Double Taxation Avoidance Agreement) provisions — taxes paid abroad can be claimed as credit while filing ITR in India.
Can freelancers use presumptive taxation (44ADA)?
Yes, if your annual receipts are up to ₹75 lakhs (from FY 24-25 onwards), you can declare at least 50% as profit under Section 44ADA. The concept needs proper understanding, Book free 15 minutes appointment with CA to know answer.
How is income received via PayPal, Wise, or other gateways taxed?
It is treated as foreign income and is taxable in India. The payment gateway is only a channel, not a tax exemption.
Do freelancers have to pay advance tax?
Yes, if your annual tax liability exceeds ₹10,000. It must be paid quarterly to avoid interest penalties. In cases where you adopt for presumptive taxation (44ADA), you can pay advance tax once in a year and not quarterly.
Is TDS deducted by foreign clients?
Usually no. Most foreign clients don’t deduct TDS. But you must still report the income and pay tax in India.
Can freelancers plan taxes to save money legally?
Yes. With proper planning, deductions (80C, 80D, home loan, NPS, etc.) and business expense claims can reduce taxable income significantly. As new regime has better slabs for high income earning group so you may not want to lock your money in traditional saving methods such as LIC.
For Private Limited Companies
How long does it take to incorporate a private limited company in India?
Normally 7–10 working days if documents are complete and approved by MCA (Ministry of Corporate Affairs).
Do foreign companies need a local director to set up in India?
Yes. At least one Indian resident director is mandatory for incorporation. Tax vic help you with local director support if you are eligible.
Is a registered office address required in India?
Yes. Every company must have a registered office in India for official communication. TaxVic can provide support for this at affordable rates.
What compliances are mandatory for private limited companies?
Key compliances include annual ROC filings (AOC-4, MGT-7), ITR filing, GST (if applicable), TDS, accounting, and audit (if turnover crosses limits).
Can foreign companies repatriate profits back to their home country?
Yes, but subject to FEMA and RBI guidelines. Proper filings and approvals are required.
What is FEMA compliance and why is it important?
FEMA regulates foreign exchange transactions. Any capital invested, loans, or remittances by foreign companies must comply with FEMA rules.
Do private limited companies need a full-time accountant?
Not necessarily. Many startups outsource accounting, payroll, and compliance to firms like TaxVic, which is cost-effective.
What is the minimum capital required to start a private limited company?
There is no minimum paid-up capital requirement in India (earlier ₹1 lakh was required, now removed).
Do private limited companies need a statutory audit?
Yes. Every private limited company, irrespective of turnover or capital, must conduct a statutory audit every financial year. The auditor examines financial statements and files the audit report with ROC. Tax vic has a team of CS, CA who does this with speed and accuracy. And of course affordable rates.
What tax rates apply to private limited companies?
Domestic companies generally pay 22% corporate tax (plus surcharge and cess). New manufacturing companies may qualify for 15%. Foreign companies are taxed at 40% on Indian income.