India Entry Services
India is one of the key markets from where future growth is likely to emerge. The growth in India’s consumer market would be primarily driven by a favorable population composition and increasing disposable incomes.
A recent study by the McKinsey Global Institute (MGI) suggests that if India continues to grow at the current pace, the average household incomes will triple over the next two decades, making the country the world’s fifth-largest consumer economy by 2025.
The country not only provides a conducive environment for business but also offers tremendous opportunities for the investors. There has been a continuous surge in foreign direct investment (“FDI”) in the country. However, there are many risks associated with venturing into a new geography with a complex accounting, tax and regulatory environment.
Therefore, for starting business operations in India, it is important to understand the process and the governing laws of the country. Depending on the nature of business, there are numbers of approvals a company requires from the government before starting operations. The mode of entry also plays an important role in achieving the strategic objective.
Pre Entry services
Pre Entry Market Exploration;- Advising on business structure keeping in view tax planning
- Advising on Indian Regulatory Environment including pre-set up approvals
- Implementation services
- Assistance in formation of business entity
- Assistance in identifying suitable business partner
- Assistance in collaborating /purchasing an existing business set-up
- Advice on Foreign Exchange Law Matters, Corporate Structuring, Rules & Taxation.
Post entry services
- Opening of Bank account/tax registrations.
- Constant and ongoing regulatory and statutory compliance support
- Administrative, Legal, HR, Accounting and IT support.
- Drafting of agreements.
- Support in acquiring office space, infrastructure, space/ property to build a manufacturing unit.
- Liaison with the government offices local, state and central if and as required.
- Managing finances, Tax and compliance management, repatriation of funds to the foreign entity.