What KrayMan Consultants LLP does

KrayMan Consultants LLP is an India-based accounting, tax, legal, and business advisory firm founded in 2012, operating from Gurugram (headquarters) and Mumbai. The firm delivers an integrated suite of nine service lines: India Entry Services, Accounting, Taxation, Legal, Regulatory, Assurance, HR & Payroll, Loan Staffing / PEO / EOR, and Global Capability Center outsourcing. Its client base spans multinational corporations from Japan, Australia, the US, and the EU seeking to establish or operate businesses in India, Indian companies pursuing global expansion, and CPA firms requiring offshored support for accounting, audit, tax, and compliance functions.

The firm is led by Chartered Accountants, Company Secretaries, Advocates, and MBAs drawn from Big4 firms (PwC, EY, KPMG, Deloitte, Grant Thornton, EisnerAmper), supported by specialized country desks for Japan (Maki Satake, Hiroshi Matsuda), the EU (Renaud Simons), and the US (Urmil Bhatt), as well as senior advisors on government affairs (Tanmoy Chakrabarty, ex-Tata Sons/TCS) and indirect taxes (S.C. Jain, ex-Lakshmikumaran & Sridharan). Technology usage is limited to standard accounting platforms (QuickBooks, Xero, Zoho Books) for client bookkeeping, with no proprietary software product.

Revenue is generated through engagement-based fees, retainers for ongoing compliance, and project-based assignments for entity setup, audits, and due diligence. The firm is a contributing member of the Japan Chamber of Commerce & Industry in India (JCCII) Tax Committee and the Aliant+ international alliance, holds ISO/IEC 27001:2022 certification, and maintains long-running thought leadership publications (Tax Edge, Yokoso) to support its partner-led, referral-driven go-to-market.

Name

KrayMan Consultants LLP

Legal name

KrayMan Consultants LLP

Website

https://krayman.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

11–50 employees

Short description

KrayMan Consultants LLP is an India-based accounting, tax, legal, and business advisory firm founded in 2012, serving foreign multinationals entering India, Indian businesses expanding globally, and CPA firms requiring offshored accounting and compliance support through dedicated Japan, US, and EU desks.

Ownership category

akta.pro rank

Product category

Accounting & Business Advisory Services

NAICS

Management Consulting Services (54161), Other Management Consulting Services (541618), Professional Employer Organizations (561330)

SIC

Services-Engineering, Accounting, Research, Management (8700), Services-Management Consulting Services (8742)

akta.pro primary industry

Local Entity Setup & Expansion Advisory (Market Entry, Subsidiary Formation) (BPACAHAM)

Keywords

• Professional consulting services
• India entry advisory
• Tax advisory compliance
• Accounting outsourcing
• Regulatory compliance services

Headquarters

HQ city

Gurugram

HQ country

India

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Professional Consulting Services: KrayMan generates revenue through providing integrated professional services including India entry advisory, accounting, taxation, legal, regulatory compliance, assurance, HR and payroll, loan staffing, and Global Capability Center outsourcing. Revenue is earned through engagement-based fees for advisory and consulting services, retainer arrangements for ongoing compliance work, and project-based assignments for specific deliverables such as audits, entity setup, and due diligence.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

KrayMan Consultants LLP is an accounting and business advisory firm that delivers an integrated suite of professional services across nine service lines: India Entry Services, Accounting, Taxation, Legal, Regulatory, Assurance, HR & Payroll, Loan Staffing / PEO / EOR, and Global Capability Center outsourcing. The firm advises foreign companies (with particular strength serving Japanese, US, and European clients) on establishing and operating businesses in India, and supports Indian companies expanding abroad with tax, regulatory, compliance, assurance, and people-services expertise.

Product overview

KrayMan Consultants LLP is an accounting and business advisory firm that offers an integrated suite of professional consulting services organized as nine distinct service lines. The core offerings include India Entry Services (market entry strategy and entity setup), Accounting Services (bookkeeping and financial reporting), Taxation Services (direct and indirect tax advisory and compliance), Legal Services (contracts and dispute resolution), Regulatory Services (corporate secretarial and compliance), Assurance Services (statutory audits and due diligence), HR & Payroll Services (end-to-end people solutions), Loan Staffing / PEO / EOR (flexible staffing and employer-of-record solutions), and Global Capability Center (offshore outsourcing for accounting, audit, tax, and legal functions). The services are delivered by a team of Chartered Accountants, Company Secretaries, Advocates, and MBAs, with specialized desks for Japan, EU, and US markets. The firm also publishes periodic newsletters including Tax Edge and Yokoso for client updates.

Differentiator

Problem solved

Functional benefit

Products and services

• India Entry Services Strategic planning, regulatory compliance, and local expertise to help foreign companies and investors establish a business presence in India, including entity assessment, setup, and statutory registrations. Targeted at multinational corporations and foreign investors from Japan, USA, Australia, EU and other regions.
• Accounting Services Accurate, timely and insightful accounting solutions including bookkeeping, financial reporting, financial statement preparation, forecasting, projections, and head office MIS reporting for businesses operating in India.
• Taxation Services Comprehensive tax solutions covering direct tax (corporate tax, withholding tax, expatriate taxation, transfer pricing) and indirect tax (GST, customs), along with tax planning, compliance, advisory, and litigation management for businesses operating in India.
• Legal Services Strategic legal support including corporate and commercial contracts drafting and negotiation, dispute resolution, industrial law compliance, and corporate policy development. Directed by qualified legal professionals with experience in corporate law, arbitration, compliance, and litigation.
• Regulatory Services Compliance with India's complex regulatory framework covering corporate secretarial, FEMA/RBI/DGFT regulations, BIS compliance, and labour law registrations and approvals for businesses operating in India.
• Assurance Services Independent assurance services including statutory and tax audits, internal / management / forensic audits, ICFR support, agreed-upon procedures, and financial and operational due diligence for businesses operating in India and internationally.
• HR & Payroll Services End-to-end HR and payroll solutions including HR infrastructure building, HR outsourcing, payroll processing, and POSH policy design, implementation and training for growing businesses.
• Loan Staffing / PEO / EOR Flexible staffing solutions including resource deputation/secondment, Professional Employer Organization (PEO) services, and Employer of Record (EoR) services for hiring and managing talent in India on short-term and long-term resource needs.
• Global Capability Center (GCC) Holistic outsourcing solutions for international CPA firms and global enterprises, providing bookkeeping, audit and assurance support, tax return preparation, SOX 404 testing, payroll management and legal support services from India.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Partnerships

Three partnerships are on record, tiered core and minor.

• Japan Chamber of Commerce & Industry in India (JCCII)coreStrategic or Co-development PartnerKrayMan is actively associated with JCCII and contributes to its Tax Committee, strengthening engagement with the Japanese business community in India. This partnership provides strategic positioning as a preferred advisor for Japanese companies entering or operating in India.
• Aliant+coreStrategic or Co-development PartnerKrayMan is a member of Aliant+, a US-based international alliance of premier accounting and law firms. This membership enables the firm to support clients with cross-border needs through the global network of member firms.
• NoHaRa Audit Corporation, JapanminorStrategic or Co-development PartnerHiroshi Matsuda, Advisor at KrayMan, is also a Partner with NoHaRa Audit Corporation, Japan. This connection facilitates cross-border advisory services between India and Japan.

Scale indicators4 records

Expansion highlights5 records

Broad incumbents

• BDO India: Large Indian member of the BDO global network offering the full suite of audit, tax, advisory and GCC services. Competes with KrayMan for multinational India-entry and compliance work but with significantly broader resources and global brand.
• RSM Astute Consulting Group: India member of RSM International, providing audit, tax and consulting to mid-market and multinational clients. Comparable cross-border practice but at significantly larger scale and global reach.
• EY India (Ernst & Young): Big4 incumbent in India with a dedicated Japan Business Services practice, large tax and regulatory practice, and the brand and bench to win multinational accounts that KrayMan targets. Sets the upper bound of competitive intensity.
• Crowe Global (India): Indian operations of Crowe Global, providing audit, tax and advisory to mid-market multinational clients, including those setting up GCCs. Similar mid-market positioning and US-outsourcing heritage.

Direct peers

• BMR Advisors: India-focused tax, regulatory and transfer pricing advisory firm with Big4-trained leadership. Directly comparable in size, service mix and target multinational client base, particularly around cross-border tax structuring.
• Lakshmikumaran & Sridharan: Large Indian law firm specializing in indirect tax, customs, foreign trade policy and corporate law. Direct peer in regulatory and indirect tax advisory; notably, KrayMan advisor S.C. Jain was a Partner there for 11 years.
• ASA & Associates LLP: Mid-sized Indian chartered accountancy and advisory firm with comparable India-entry, accounting, tax and assurance services. Overlaps on SME and multinational market-entry engagements.
• Nangia Advisors (Nangia & Co): India-headquartered tax, regulatory and advisory firm with a similar profile of Big4-trained partners serving multinational clients entering India. Closely comparable in service mix (tax, regulatory, advisory) and mid-market positioning.
• AKM Global: Indian tax, transfer pricing and regulatory advisory firm of similar size with a strong practice serving Japanese and other multinational clients in India. Direct overlap in India-entry advisory and cross-border tax.

Emerging players

• Multiplier: Tech-enabled global EOR, payroll and entity-setup platform. Competes with KrayMan's PEO/EOR and India-entry service lines on price and speed; a structural threat to the traditional advisory-based delivery model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/krayman-consultants-llp

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about KrayMan Consultants LLP