SKP CrossBorder Consulting single window business service

Business Set-up Services

Foreign companies intending to do business in India have a variety of options available:

Enter into a distribution agreement to market their goods/services in India
Open a liaison office to get a feel of the Indian market
Open a temporary project office in case of a foreign contractor
Open a branch office to establish a presence in India
License technology into India
Establish a wholly owned subsidiary
Establish a Greenfield project on their own or through a joint venture
Acquire assets or an Indian company
Establish an export-oriented manufacturing unit and use India as a production base

These options not only need to be planned but also implemented efficiently. In a complex country such as India, a company needs practical advice and introductions to the right people. We offer a wide range of services to make your entry into India easier. Apart from advice on the regulatory, financial and tax issues, we often provide handholding services. Advice after action is often as much good as rain after the harvest. Often our greatest service to clients venturing into India for the first time is to work with them to prevent unwise steps and avoid traps for the unwary. For example, we can help in the selection of the right partner for you, conduct location planning for your operations, assist in the acquisition/ lease of property, etc. A sample list of services is illustrated:

Selecting appropriate entry strategy
Preparation of business plan/ project report considering Indian business conditions
Structuring the initial business/ investment option from a regulatory, legal, Indian tax and international tax perspective
Selection of Indian partner and negotiations
Obtaining investment approval from the Reserve Bank of India & the Foreign Investment Promotion Board
Reviewing memorandum of understanding, joint venture, technology license, buy-back, name license and other commercial agreements
Valuation of shares, business and assets of the Indian partner in case of a joint venture with an existing Indian company
Incorporation of Indian company and company law compliance
Indirect tax planning – sales tax, customs and excise
Expatriate tax planning
Review and compliance of exchange control regulations, commercial and corporate laws
Location planning for Indian operations
Assistance in obtaining incentives provided by various states
Assistance in acquisition/ lease of property
Assistance in recruitment of personnel
Compliance with labour regulations
Registration with various authorities
Acting as an alternate director on board of a joint venture company or wholly owned subsidiaries
Progress report on project implementation
Transfer pricing