Business Setup in India

1. Business Setup in India

Are you looking for business tax consultants in India or Do you want to set up business in India? We provide you with business tax consultants services at affordable price & also offer business set up in India which helps in meeting the client's requirements and expectations completely.

Dharmavat & Associates provide Total Business Solutions under one roof to all its global clients to avoid unwanted huddles, inconvenience and wastage of time from running from one person to another.

Dharmavat & Associates is a dedicated organization established for the sole purpose of helping international and national corporate community for establishing their organizations in India. Promoted by a first generation entrepreneur, the organization conceives the appropriate issues in creation of an Organization in Indian environment. It shall also ensure that a total support is provided to you on your business set up in India or related business tax consultants services in India. We understand the Indian political, business, corporate requirements deeply and have the right partners, relationships to steer through a smooth formulation of your organization. Your annoying searches for an enhanced value add experience and guidance for starting business / trading in India finishes here.

Have your liaison / Office in "India" Or "Branch office in India"

Expansion of business is done by a company through opening up its branch offices in various parts of the domestic country as well as in other countries. An establishment which carries on substantially the same business and activity as it is carried out by its Head Office can be called branch. In other words, branch offices help in expanding the size of the market for a company's product by attracting more & more customers; widening the scope of its trading and manufacturing activities as well as bringing more opportunities and opening unexplored avenues for it. Thus, Liaison offices help to fuel the growth of the company and increase its profitability on a sustained basis. Setting-up of Branch office / Liaison Office or Project cum site office by a person resident in India for trading, Commercial, industrial or other miscellaneous activities are governed with following purposes;

Note: In order to open a Liaison office, permission is obtained from RBI. Therefore, there is general permission to carry out any or all of the above activities once the permission from RBI is sought to set up a branch office in India.

The entire process of business set up in India or business tax consultants services in India, can take time from a few weeks to a few months depending on the industry and Indian relations with the nationality of the parent company. Approval is generally granted for a time period of one to three years, upon expiry of which again permission is to be sought.

2. Entry Strategy

I. Market Entry Strategy :

As India rapidly emerges into a major market for global businesses, most firms need to explore the Indian business landscape to tap the growing market, or to seek resources.
Dharmavat & Associates develop a strategy for Global Clients to enter the Indian market by leveraging our extensive knowledge of the Indian business environment.

II. Partner Selection Strategy

The search for growth and the need to complement capabilities often results in organisations seeking to work with partners around the world. Working with the right partner, however, is critical for success.
Dharmavat & Associates screens and select potential targets for you and assess the strategic and operational fit between both entities, prior to the transaction on clearly defined selection criteria.

III. Strategic and Commercial Due Diligence

Dharmavat & Associates conduct this service for Private Equity/M&A Firms, MNS’s and for Clients considering strategic partnerships, acquisitions, mergers, or investments as an avenue to growth.We help clients validate the investment hypothesis by clearly articulating the opportunity, expected returns and build an independent and objective view of the proposed investment. This is often supported by a valuation exercise.

TYPES OF BUSINESS SETUPS AVAILABLE

PRIVATE LIMITED COMPANY

Why incorporate a private limited company?
1) It gives a legal structure to your ideas
2) Increases your credibility
3) Easy to get funds and investors.
4) Perpetual succession

Minimum Requirement:
No. of Directors – 2; Share Capital – Rs. 100,000

LLP

Why incorporate a LLP?
1) It gives a legal structure to your ideas
2) Perpetual succession

Minimum Requirement:
Partners-2; Share Capital – Rs. 10,000.00

PARTNERSHIP

Why need a partnership deed?
1) To give a legal status to the firm
2) To avail various tax benefits available to only a registered partnership firm
3) To define responsibility of each partner clearly
4) To prevent future misunderstandings and disputes

Minimum Requirement:
No. of Partner – 2

ONE PERSON COMPANY

Why incorporate a One Person Company?
One Person Company is the new concept introduced in the Companies Bill, 2013. The concept provides with a golden opportunity to incorporate your own legal company without taking second person as a member/shareholder. One Person Company is best suited for Start-ups & Proprietors business.

BRANCH OFFICE | LIAISON OFFICE | WHOLLY OWNED SUBSIDIARY

What is a Branch Office?
Companies incorporated outside India and engaged in manufacturing or trading activities are allowed to setup Branch Offices with specific approval of the RBI. Normally, the Branch Office should be engaged in the activity of the Parent Company.

What is a Liaison Office?
A Liaison Office [also known as representative office] can undertake only liaison activities i.e. it can act as a channel of communication between Head Office abroad and parties in India. It is not allowed to undertake any business activity in India and cannot have any income in India.

What is a Wholly owned Subsidiary (WOS)?
An incorporated entity formed and registered under the Company Act, 1956. It is a distinct legal entity, apart from its shareholders. The liability of the Parent company is limited to the extent of its shareholding in the WOS. The assets of the foreign company are not subject to any attachments.

PUBLIC LIMITED COMPANY

Why incorporate a Public Limited Company?
1) Shares are freely transferable
2) Company’s brand value is increased
3) Augmenting additional funds gets easier
4) Appropriate company valuation can be done
Minimum Requirement:
No. of Directors – 3; Share Capital – Rs. 500,000

TRUST/SOCIETY/AOP

What is a Trust?
Trust is defined in section 3 of the Trust Act, 1882 as " an obligation annexed to the ownership of property and arising out of a confidence reposed in and accepted by the owner, or declared and accepted by him, for the benefit of another or of another and the owner.

What is a Society?
Any group of persons can form a co-operative society of their own if they so like to act jointly for the common benefit of each other. But that is not the legal way of formation the co-operative society. All societies must be formed under the Co-operative Societies Act, 1912 or under the relevant state co-operative laws. .

What is AOP?
Association of persons i.e. AOP exists when two or more persons come together to do some business by aim of earning income jointly. It becomes automatically AOP when two or more person jointly works but do not form any firm.