With gradual deregulation and opening
of infrastructure sector including oil and gas, ports, airports
construction areas, etc. the opportunities for doing business
in India in this segment are immense and there is a renewed
interest of foreign investment in this sector. Foreign companies
could either operate through a subsidiary in India or execute
limited duration infrastructure projects out of a project
office.
Considering the complex Indian regulatory
framework for this sector, coupled with complicated and
evolving direct and indirect tax regime, our services assume
great significance.
SKP has a dedicated team which includes
corporate lawyers, accountants and international tax experts
that caters to these foreign contractors and provides a
packaged service right from assisting in quoting for the
tender to repatriating the surplus at the end of the project.
This is a comprehensive service covering entry strategies,
direct taxes, indirect taxes, international tax, expatriate
taxes, exchange control issues, contract drafting and vetting,
assistance in negotiation with contractees and vendors,
obtaining approvals and other compliances.
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