Setting up successful operations in India requires well thought
out strategy and tax efficient planning
It is very essential to plan
for operations in India after considering the activities proposed
to be carried on by the foreign company in India. One has to consider
tax, exchange control and other legal implications before deciding
on the form of business to be set up in India since any wrong
move could prove costly in the long run.
Foreign Companies can set up their operations
in India as a foreign company through a Liaison Office/Representative
Office or through a Project or Branch Office. Each of these options
is subject to certain restrictions regarding the scope of operations
in India.
A foreign company can also commence operations
in India by incorporating a company under the Companies Act, 1956
either as a Joint Venture or as a Wholly Owned Subsidiary. Foreign
equity in such Indian companies can be up to 100% subject to equity
caps in respect of the area of activities under the Foreign Direct
Investment (FDI) policy.
Our India Operations Team comprises of professionals
who have wide and extensive experience in structuring India entry
strategy for many corporate and in advising and assisting on various
matters in connection therewith. We also have with us specialized
marketing and technical professionals who can devote their full
time and energy to act as your representative in India to promote
your business interests in India. Our range of services includes:
Advising on/formulating
the entry strategy for India
Structuring the investment in India in the
most tax efficient manner after considering benefits available
under domestic tax laws and also the benefits under various
Tax treaties in order to ensure tax minimization on a global
basis
Advising on the possible locations for setting
up manufacturing operations to obtain maximum tax benefits
after taking into account infrastructural and other specific
special requirements
Negotiate with various State Governments
for obtainment of maximum benefit when large foreign investment
is envisaged
Guidance in respect of various laws, rules
and regulations that will have a bearing on setting up of
operations in India
Obtainment of clearance from the Foreign
Investment Promotion Board and Reserve Bank of India, where
necessary
Obtainment of Registrations for obtainment
of certain tax benefits
Total guidance & assistance in the incorporation
of the company including approval for name of the company,
drafting of Charter Documents, filing of documents required
for incorporation and obtainment of Registration from the
Registrar of Companies
Advising on the various
compliance procedures under relevant laws, rules and regulations
including industry specific legal issues
Acting as representative office of a foreign
entity in India to promote its business development and interests
in India