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 / Formation of Company, Foreign Branch Office / 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.
The other modes of business setup in India include registration at foreign branch office, foreign liaison office, wholly owned subsidiary etc.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 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 time frame.