India Market Entry Strategy

Company Incorporation and Regulatory Compliances

Establishing the best suitable entity for international companies in India 

At TechSci Research, we help international companies to build right legal entity structure for entering into the Indian market that serves the best of the business objectives. We understand and help with the right legal procedures for the entity. 

We provide business & tax advisory, company incorporation/registration, as well as support for obtaining all legal and regulatory approvals. 

For an international company in India, there are different entry options to set up their India business. Selecting the right and well-suited legal entity for international company’s subsidiary in India is mostly determined by client’s market-entry strategy, timeline and strategic actions in India – e.g. for production, installation of machinery and export, warehousing and local demand processing of goods or local service offerings in India. 

Entity Formulation in India

Type of Incorporations

  • Representative Office (Liaison Office), Branch Office and Project Office
  • Incorporation of a Wholly-Owned Subsidiary (WOS) as Private Limited, Public Limited or Limited Liability Partnership (LLP) 

Required Approvals

Approvals from below government bodies

  • Foreign Investment Promotion Board (FIPB)
  • Registrar of Companies (ROC)
  • Reserve Bank of India (RBI)

Company registration (incorporation-related)

Other registration related Compliances and Registrations

  • Appointment/Resignation of Directors (including Resident Director)
  • Bank Account Opening, Tax Registrations, Import Licenses, Labour Law Registrations
  • Capitalization of the Indian subsidiary

In India, setting up a legal entity is not usually done by attorneys and law firms. It is the accountability of chartered accountants (CA). TechSci Research has in-house chartered accountants, who take cares of all regulatory, legal & compliance matters for our clients.

Few of our activities are as mentioned below

  • Name agreement & approval for new Indian business entity
  • Company incorporation
  • Getting PAN, import/export number, GST number (Goods and Service Tax)
  • The Opening of bank account for a new business entity
  • Providing licenses dependent on planned business activities
  • Establishments & Shops registration
  • Employees provident fund activities
  • Product registration (Food, Cosmetics and Pharmaceuticals companies only) 

Statutory & Regulatory Compliance Services

  • Indirect Tax
  • Direct Tax
  • Transfer pricing

Post Company Formation Support

  • Giving the presentation to Registrar of Companies, Company Law Board and Ministry of Corporate Affairs
  • Preparation and filing of requisite forms and annual returns
  • Preparation of board resolutions

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