Transaction Support Services expert financial and tax support for every stage of your transaction.
Comprehensive transaction support services in Mumbai and across India — financial and tax due diligence, business valuation, deal structuring advisory, representations and warranties review, post-merger integration, earn-out advisory, SPA review, and FEMA compliance for cross-border transactions — for buyers, sellers, investors, and private equity in India.
Business transactions — mergers, acquisitions, private equity investments, business asset purchases, and joint ventures — are high-stakes events where incomplete information or poor structuring decisions can result in overpaying, inheriting undisclosed liabilities, or creating unintended tax exposures. Transaction support services provide the financial, tax, and regulatory expertise that bridges the gap between commercial intent and executable deal completion in India.
Transaction support in India involves layers of complexity that even experienced international buyers underestimate — the treatment of share acquisition vs asset acquisition for stamp duty and GST, the implications of circular trading, related-party transactions, and historical non-compliance on the target's tax positions, the impact of GST on business transfers as a going concern under Section 7 of the CGST Act, the FEMA and RBI compliance requirements for cross-border transactions, and the regulatory approvals required under competition law for large mergers.
Our transaction support practice covers financial due diligence — quality of earnings, working capital analysis, net debt assessment, and off-balance-sheet liabilities — tax due diligence for direct and indirect tax exposures, business valuation using DCF, comparable company, and asset-based approaches, deal structuring advisory for tax efficiency, Share Purchase Agreement (SPA) review from a financial and tax standpoint, representations and warranties advisory, post-merger integration planning, and FEMA and RBI compliance for inbound and outbound transactions.
Our Transaction Support Services
Financial Due Diligence
Quality of earnings, working capital normalisation, net debt, and off-balance-sheet liability review.
Tax Due Diligence
Direct and indirect tax exposure assessment — income tax, GST, TDS, transfer pricing, and legacy taxes.
Business Valuation
DCF, comparable company, and asset-based valuation for acquisition, investment, and ESOP pricing.
Deal Structuring Advisory
Share vs asset deal, tax-efficient structuring, and step-plan design for the transaction.
SPA / SHA Review
Financial and tax review of Share Purchase Agreement and Shareholders Agreement from the buyer's perspective.
Representations & Warranties
Advisory on financial and tax representations, disclosure schedules, and warranty indemnity provisions.
Post-Merger Integration
Financial systems, chart of accounts, and reporting integration support after transaction completion.
FEMA & RBI Compliance
Cross-border transaction FEMA compliance — FC-GPR, FC-TRS, and pricing guidelines.
Our Transaction Support Workflow
Transaction Scoping
Define the transaction type, scope of diligence, and key risk areas to focus on.
Data Room Review
Review financial statements, tax returns, contracts, and compliance records in the data room.
Findings & Red Flags
Deliver due diligence findings with risk ratings, quantum of exposure, and negotiation implications.
Deal Structuring
Advise on deal structure for tax efficiency and regulatory compliance before signing.
Completion & Integration
Support SPA finalisation, completion mechanics, FEMA filings, and post-merger integration.
Benefits of Professional Transaction Support
Frequently Asked Questions
Financial due diligence is an independent review of the target company's financial statements, earnings quality, working capital, debt, and off-balance-sheet liabilities — conducted before an acquisition or investment to identify risks and inform the negotiation of price and deal terms.
Tax due diligence reviews the target's historical income tax, GST, TDS, transfer pricing, and indirect tax compliance to identify unresolved disputes, demands, penalties, and structural tax exposures that the buyer could inherit. It informs deal structuring and warranty negotiations.
In a share deal, the buyer acquires the company's shares — inheriting all liabilities including tax exposures. In an asset deal, specific assets and liabilities are transferred — the buyer avoids historic liabilities but pays higher stamp duty. Each has different GST and income tax implications.
Cross-border M&A transactions involving Indian companies require FEMA compliance — including FC-GPR for FDI, FC-TRS for transfer of shares between resident and non-resident, RBI pricing guidelines compliance, and sector-specific FDI cap compliance. Post-completion reporting to RBI is mandatory.
Valuation establishes a fair price range for the business — for acquisition price negotiations, investment pricing, ESOP grant pricing, income tax fair value requirements for share transfers, and FEMA pricing guidelines for cross-border share transfers between residents and non-residents.
Need Transaction Support?
From due diligence and valuation to deal structuring and FEMA compliance, our team provides complete transaction support for every stage of your deal in India.
Get Transaction Support or call +91 9819 000 511