Doing business in India
India is a fast growing market for foreign investment which is welcome in India in almost all sectors except certain strategic areas like defence and atomic energy. With a large manufacturing facility encompassing almost all areas of manufacturing India offers a low cost base for global businesses. Not surprisingly more than a quarter of the Fortune 500 companies already have a presence in India. With a well developed banking system complemented by a very vibrant capital market India is the focus of global investors these days. The Indian tax laws provide tax holidays and incentives for investments in certain sectors like power, electronics, software and food processing. It has a well-regulated and well-developed financial services and insurance sector supported by a well established legal system, and accountancy and actuarial professions.
We are well conversant with the business environment in India. We can help you through the regulatory, tax and procedural hassles as your plans to establish your business in India become a reality. We can:
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Advise on an appropriate business structure for your business in India, for example liaison office, branch office, project office, subsidiaries, joint ventures
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Obtain government approvals, where required
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Advice on how to comply with the Indian laws that include tax laws, company laws and other economic laws
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Advise on procedural formalities involved in setting up your businesses in India
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Obtain a Permanent Account Number (PAN) for your business
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Help you open your bank account
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Be your authorised representative in India and even run your virtual office in India where a physical office infrastructure is not required, particularly in the early days!
Please contact us for a free initial consultation