What All State Financial Services does

All State Financial Services Private Limited is a Noida-headquartered, multidisciplinary consulting firm founded in 1995 that delivers eight integrated service lines spanning corporate and development-sector advisory. Its core offerings include India market-entry services for multinational corporations (subsidiary, branch, liaison, and project office setup), management consultancy, payroll outsourcing, international taxation and transfer pricing, microfinance and financial inclusion, forestry and biodiversity conservation, eco-tourism development, and web-based MIS/GIS solutions. The firm serves MNCs seeking to enter or expand in India, foreign companies with cross-border tax and compliance needs, international donor agencies, Indian government departments (notably state forest departments), and NGOs working in rural livelihoods and microfinance, with a global client footprint spanning the UK, US, Israel, Japan, China, Thailand, France, and Canada.

The company operates with a team of 100+ professionals including Chartered Accountants, Company Secretaries, legal experts, and sector specialists in microfinance, forestry, GIS/MIS, and community development. Its technology layer consists of web-based management information systems, GIS platforms, and mobile applications for financial inclusion and record keeping, developed and delivered through group company iBoss Tech Solutions. A dedicated payroll management system runs on web 2.0 standards with end-to-end processing, statutory compliance (PF, ESI, taxation), benefits administration, leave management, and time tracking.

All State makes money through professional-services consulting fees, managed-services outsourcing (payroll, MIS development, business process management), and project-based impact assessment and evaluation studies for donor agencies and government departments. Pricing is quote-based and tailored to client scope with no publicly disclosed rates. Go-to-market is sales-led and consultative, relying on direct engagement, professional referrals, and the firm's 25+ year track record rather than a structured digital or channel-based sales motion.

Name

All State Financial Services

Legal name

All State Financial Services Private Limited

Website

https://allstatefs.com

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

11–50 employees

Short description

All State Financial Services is a Noida-based multidisciplinary consulting firm founded in 1995 that provides India market-entry, payroll, international taxation, microfinance, forestry, eco-tourism, and MIS/GIS advisory services to multinational corporations, international donor agencies, government departments, and development-sector NGOs.

Ownership category

akta.pro rank

Product category

Management Consulting

NAICS

Management Consulting Services (54161), Professional, Scientific, and Technical Services (54), Finance and Insurance (52)

SIC

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

akta.pro primary industry

Financial Reporting & Technical Accounting Advisory (GAAP/IFRS) (BPAHABAF)

akta.pro secondary industries

Intercompany & Consolidation Support (Eliminations, Group Reporting Support) (BPAAAGAG), Technical Assistance, Policy Lending & Capacity Building Programs (BPADACAN)

Keywords

• Business setup consulting
• International tax advisory
• Payroll outsourcing services
• Microfinance consulting
• Impact assessment studies

Headquarters

HQ city

Noida

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Consulting Services: Professional consulting services including business setup in India, management consultancy, taxation and compliance, and regulatory advisory services for MNCs and foreign companies establishing operations in India.
2. Outsourcing Services: Outsourcing of services related to IT, Finance and Management including payroll processing, MIS development, and business process management.
3. Impact Assessment Studies: Impact assessment and evaluation studies for international donor agencies and government departments engaged in sustainable livelihoods, forestry projects, and rural development.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels2 records

Core offering

All State Financial Services is a multidisciplinary consulting organization providing end-to-end customized services including business setup in India for foreign companies (subsidiary, liaison, and branch offices), management consultancy, payroll outsourcing, international taxation and transfer pricing, microfinance and financial inclusion advisory, forestry and biodiversity conservation consulting, eco-tourism development studies, and web-based MIS & GIS solutions. Services are delivered through dedicated professional teams and supported by proprietary technology developed through group company iBoss Tech Solutions.

Product overview

All State Financial Services is a multidisciplinary consulting organization offering a portfolio of eight distinct service lines. The core offerings include Business Setup in India (subsidiary, liaison, branch offices), Management Consultancy, Payroll Management, International Taxation & Compliances, Microfinance & Financial Inclusion, Forestry & Biodiversity Conservation, Eco-tourism Development, and Web Based MIS & GIS. The company positions itself as a one-stop dynamic solution provider, with technology solutions (MIS, GIS, mobile applications) delivered through its group company iBoss Tech Solutions. The services range from regulatory compliance and business advisory to environmental conservation consulting, serving both corporate and development sector clients including MNCs, government departments, and international donor agencies.

Differentiator

Problem solved

Functional benefit

Products and services

• Business Setup in India – Subsidiary, Liaison & Branch Offices Company formation and setup services enabling foreign companies to establish operations in India through subsidiary companies, liaison offices, branch offices, and project offices, including market study, partner identification, regulatory approvals, and implementation support for MNCs and foreign companies.
• Management Consultancy Advisory services including general management consultancy, business advisory services, liaison services, management information systems, system design and control, foreign direct investment advisory, and business process re-engineering for enterprises.
• Payroll Management End-to-end payroll outsourcing services including payroll processing, statutory compliance (PF, ESI, taxation), benefits administration, leave management, time tracking, and a web-based automated Payroll Management System on web 2.0 standard for companies.
• International Taxation & Compliances Cross-border taxation advisory covering double tax treaties, foreign tax implications, advance pricing agreements, transfer pricing studies, international tax dispute resolution, and Form 3CEB documentation under the Indian Income Tax Act for multinational corporations.
• Microfinance & Financial Inclusion Financial inclusion services focusing on promoting access to mainstream financial services for underserved households, including impact assessment studies, financial capability programs, market linkage facilitation, and mobile application development for record keeping.
• Forestry & Biodiversity Conservation Advisory services for afforestation and biodiversity conservation including project conceptualization, design, implementation, monitoring and evaluation of forestry projects, and impact assessment studies covering forest fringe villages across multiple Indian states.
• Eco-tourism Development Studies measuring ecotourism impact on economic growth, poverty alleviation, biodiversity conservation, and employment generation, including stakeholder identification, touristic potential assessment, ROI calculation, and community development strategies.
• Web Based MIS & GIS Enterprise solutions offering customized web-based management information systems, smart mobile applications, and geographic information systems (GIS) for forest impact assessment and remote sensing studies, powered by technology from group company iBoss Tech Solutions.

Quantifiable outcome

• Successfully assisted MNCs to set up Subsidiaries, Branch Office, Liaison Office and commence operations in record time in India
• +3 more outcomes

Named customers6 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• iBoss Tech SolutionscoreTechnology or IntegrationGroup company providing enterprise level IT solutions. All State uses technology solutions developed by iBoss for better delivery of services to its clients. This includes web-based MIS, GIS systems, and mobile applications. The partnership enables All State to offer top-notch technology solutions alongside their consulting expertise.

Scale indicators6 records

Expansion highlights5 records

Broad incumbents

• Deloitte India: One of the Big Four operating in India with extensive tax, consulting, and advisory practices. Comparable to All State as a competitor for MNC market-entry and international tax advisory engagements, but at vastly greater scale and global brand recognition.
• KPMG India: Big Four advisory firm providing tax, regulatory, and advisory services in India. Directly comparable for cross-border tax, FDI compliance, and India-entry advisory work.
• PwC India: Big Four firm with a large India practice across consulting, tax, and deals advisory. Competes for the same MNC client base seeking India market entry and ongoing compliance services.
• Ernst & Young (EY India): Big Four firm offering tax, transaction, and consulting services across India. Competes directly with All State for inbound MNC compliance, transfer pricing, and business setup mandates.

Direct peers

• BDO India: Mid-tier global accounting and consulting network operating in India with advisory, tax, and business setup services. Closely comparable to All State as a mid-sized alternative to Big Four for SME and mid-market MNC advisory work.
• Nangia & Co LLP: India-based tax and advisory firm specializing in international tax, transfer pricing, and inbound FDI advisory. Highly comparable niche overlap with All State's International Taxation & Compliances practice.
• Grant Thornton India: Global advisory firm with strong India presence providing tax, transaction, and business consulting. Comparable in size bracket and service mix to All State for cross-border advisory and market entry work.
• ASA & Associates: Boutique Indian chartered accountancy firm focused on transfer pricing, international taxation, and advisory to MNCs operating in India. Closely comparable peer for All State's tax and compliance services to foreign corporates.
• RSM India: Mid-tier international accounting and consulting network with India operations offering tax, advisory, and outsourcing services. Closely matches All State's positioning as a multi-disciplinary advisory firm serving foreign clients.

Emerging players

• Sattva Consulting: India-based development sector consulting firm working with donors, governments, and social enterprises on livelihood, forestry, and inclusion programs. Comparable to All State's microfinance, forestry, and impact assessment practice.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/allstatefs
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Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries1 record

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 All State Financial Services