India has become a top choice for global investment and business operations. The country’s business growth is driven by substantial investment potential, lower operational costs, a diverse workforce, and excellent infrastructure.
India has become a top choice for global investment and business operations. The country’s business growth is driven by substantial investment potential, lower operational costs, a diverse workforce, and excellent infrastructure. The Indian economy presents numerous opportunities for international investors and businesses.
Establishing business operations in India requires a deep understanding of the country’s regulatory framework and legal requirements. Foreign companies aiming to set up in India need to secure various regulatory approvals and complete necessary documentation. Additionally, the Indian tax system is intricate and comprehensive, making expert guidance essential to navigate these complexities and ensure a smooth setup process.
At AcumenSphere, we excel in assisting foreign investors and international companies with establishing their businesses in India. We provide a comprehensive range of professional services designed to help entrepreneurs set up and grow their businesses by leveraging opportunities and offering strategic financial and legal advice. Our services cover everything from initial market research to ongoing operational support.
We have partnered with foreign enterprises across multiple sectors, including consumer products, manufacturing, education, hospitality, IT/BPO, services, and consulting.
Market Research and Feasibility Analysis
Office lease:
Set up of book keeping, compliance and reporting
Identification of Business Structure:
Choose the type of entity:
Regulatory Compliance:
Understand regulations governed by:
India is one of the fastest-growing economies in the world, offering a large and diverse consumer base, a skilled workforce, and various government incentives for foreign direct investment. It is an ideal destination for businesses seeking growth opportunities in emerging markets. It is also an important destination for those willing to optimise their costs.
Foreign companies can establish various types of entities in India, including Subsidiary Companies, Limited Liability Partnerships (LLPs), Branch Offices, Project Offices, and Liaison Offices.
Setting up a business in India is a quick process, with streamlined regulatory processes. An entity would be required to secure regulatory approvals, including incorporation and tax registrations.
The timeline of the approvals may vary depending on certain specific sectors which might require sector-specific licenses, depending on the nature of the business.
The Government of India’s Ease of Doing Business initiative ensures completion of approvals within defined timelines.
While there are no restrictions regarding place of business, it is advisable to register the office in the state where manpower is located, for optimisation purposes.
A Resident Director is mandatory for business set up. Further, various authorities require at least 1 resident as authorized signatory.
While there is no minimum capital requirement for setting up business, it is suggested that the funding is made based on short to mid-term needs of business.
Businesses in India are subject to direct and indirect taxes, primarily:
Physical presence is required for business set up in India, and all activities can be completed virtually.
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