India, over the years, has been emerging as a preferred destination for foreign investment. The Government of India has been making constant efforts to provide an enabling environment and transparent policy regime so as to ensure that India remains increasingly attractive and investor friendly. Recently, India lowered the corporate tax rates which are now lower than China and most Southeast Asian countries. Besides, India has an added advantage of young demographic profile comprising huge skilled workforce and technical talent.
With significant initiatives to strengthen the economic credentials of the country, India is also fast becoming home to start-ups focused on high growth areas such as mobility, e-commerce and other vertical specific solutions – creating new markets and driving innovation across the globe.
At Corporate Professionals, we provide a full bouquet of services in case you are looking to set-up your business in India. We have a highly proficient, resilient & dedicated team that understands the Indian regulatory framework and can help you in taking the right business decisions, when it comes to doing business in India.
What are the steps for starting a business in India | How to establish business in India | How to start business in India | How to form subsidiary in India | How to open branch in India | How to incorporate in India | What are the types of companies in India | What are the applicable corporate laws of India?
These are some of the pivotal questions that arise while entering the Indian subcontinent for business purposes.
A potential business house needs to understand that there is no “right” firm business model – however, there is the one that is “right for you”.
In India, foreign investment in certain sectors requires the approval of Government of India. Further there are set of regulations and laws which regulate the business in India. We will assist you with various regulatory compliances in setting up of business including obtaining requisite approvals and licences, and also in complying with other legal obligations, labour related issues etc. Our endeavour will be to ensure that we assist you in selecting the business entity structure most suitable to per your requirements and keep you informed about the various legal and governance issues from pre-investment to post investment operations.
While you plan to set-up your business in India, it is necessary to analyze the current players in India in order to prepare yourself well. Our team can help you in doing a competitor research with respect to various existing players. We can prepare a detailed report outlining the details about their products , financial position , turnover, ownership etc.
Business in India can be either as a company or a limited liability company. Further foreign office in form of branch, liaison or project office can also be established. Each of type of entity has its own merits and demerits, our team can help you in deciding the right form of business entity and obtaining requisite approval for registration of the same.
For carrying specific business activities, registration and approvals for regulators is required like a non-banking financial company or a portfolio management company or an insurance company. Considering your business, we can advise on the regulatory approvals that may be required and filing necessary application with the regulator for obtaining its approval.
Once the business is set-up, it is subject to a rigorous compliance regime, which requires maintaining statutory records, filing of regular returns, forms etc. We can assist in ensuring that your organization is fully compliant with the applicable laws by implementing a systematic and robust compliance management. Further our team will also work in sync with your internal team to ensure your organization is in sync with the applicable regulatory framework.