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ENGAGEMENT MODELS & PRICING

How we engage, and how we price

Professional services pricing is usually opaque, which wastes everyone's time - yours in enquiries that go nowhere, ours in proposals for work we were never going to win. Here is how it actually works.

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Four Models

1. Monthly retainer - The common one.

A fixed monthly fee for a defined scope of recurring work. You know the cost, we know the scope, and neither of us is counting hours. Best for ongoing accounting, payroll and compliance. [[ Indicative range: X to Y per month depending on transaction volume, headcount, number of entities and states, and scope. ]]

2. Dedicated FTE - For firms and for larger operations.

One or more full-time professionals working exclusively on your account, directed by you. Priced per person per month. [[ Indicative: â‚¹X per FTE per month / $X for offshore engagements. ]]

3. Project - Fixed scope, fixed fee.

Backlog clean-up, ERP implementation, India entry setup, secretarial record reconstruction, FEMA remediation, a transfer pricing study.

4. Per-task - Transactional.

Per return, per filing, per entity. Best for low, irregular volume. [[ Published rate card, or "on request". ]]

What Drives The Price

Transaction volume

Number of entities

Number of states registered

Employee headcount for payroll

Number of accounting frameworks you report under

Whether the starting position is clean

Turnaround Times Required

Whether foreign investment or overseas transactions add FEMA and transfer pricing obligations

What we don't Do or Price

No fee for the initial discovery call or the compliance health check.
No charge for the transition period beyond [[ ... ]].
No exit fee, and no charge for handing back your data.
No surprise invoices. Anything outside scope is quoted and approved before we start it.

Contracting

A written engagement letter setting out scope, deliverables, dates, fees, confidentiality, data protection, limitation of liability and notice period. [[ Standard Notice: 60 days either side.]] [[Standard Term: 12 months, or month-to-month - state your actual position. ]]

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Disclaimer:MBSK & Co. Shared Services Private Limited is not a firm of Chartered Accountants and does not provide statutory audit, assurance, attestation or certification services, or any service reserved under the Chartered Accountants Act, 1949. Information on this website is general in nature and is not professional advice.