Setting up a business in India has been liberalised over the years, still it requires company formation, approvals if required, legal compliances and registration with various authorities. We provide our clients Business Setup Solution based on "turnkey" methodology which takes care of approvals, legal compliances, registrations with authorities etc. to provide a ready to operate business setup in shortest possible time frame.
Setting up a business in India involves various steps, however the process can broadly be classified into three steps:
Approval for Investments
Incorporation / Formation of Company, Foreign Branch Office / Liaison Office
Registration with various Authorities
Approval for Investments:
In today’s liberalised environment setting up a business and making investment in India generally do not require any approval and is covered under the automatic route. However, in case of some industries approval is required for setting up business in India. We provide services for obtaining approvals from Foreign Investment Promotion Board (FIPB) or Reserve Bank of India, as may be required. We also provide services for formulating strategy for mode of business setup i.e. Foreign Branch Setup or Liaison Office setup or Setup of Subsidiary Company as may be suitable.
Incorporation of Company, Foreign Branch / Liaison Office
For setting up business in India through limited liability company involves registration with Registrar of Companies (ROC) under the Companies Act. Formation of company involves various steps like name approval, obtaining DIN & digital signature of directors, preparation of Memorandum of Association etc. Our Business Setup Solution takes care of all the required compliances and procedure for incorporation of company and endeavors to provide our clients ready to operate business setup in shortest time frame under "turnkey" methodology.
Registration with Various Authorities
In India a Business Setup to become fully functional require to register with various tax, labour and other authorities. For eg. a manufacturing / trading setup is required to get registered with Sales Tax / VAT Authorities, Income Tax Department, Excise Department, Custom Department (if involved in import / export), Provident Fund Department, ESI Department etc. Our Business Setup Solution working on "turnkey" methodology, provides services for registration with various authorities immediately after incorporation. This leads to providing our clients ready to operate business setup within the shortest possible timeframe.