In recent times, India has been one of the fastest growing economies in the world and has emerged a key nation in the Emerging Markets. The key factors for India being in a prominent position are:

  1. Fastest growing GDP, Per Capita income and Per Capita disposable income
  2. Growing Middle Class with growing disposable incomes and rising aspirations for a better living style which only means that consumption for products and services will go up.
  3. The second largest English speaking population in the World
  4. Fairly high standards of professional and technical skills like Accountancy, Mathematics and Statistics, Law, Engineering etc. available at reasonable costs
  5. Fairly robust and transparent judiciary and regulatory regimes
  6. Excellent infrastructure opportunities; especially in the areas of surface transport.
  7. Robust Intellectual Property protection regime
  8. And above all, ample entrepreneurial spirit in the people.

Entry in India for a Foreign Company can be through any of the following ways:

  1. Liaison Office/Representative Office
  2. Branch Office
  3. Formation of a Subsidiary Company (either wholly owned or partly owned)
  4. Formation of a Joint Venture Company

Thus India can be a dream destination for investments. However, with any of us, the prospects of entering a foreign country with the Foreign Exchange, General and Corporate Laws, Civil and Criminal Laws as well as the Taxation Laws being different from our home country, you can be a little apprehensive. Thus placing trust on the right person is important. We have had the pleasure of doing so many times for our foreign clients and would be more than happy to extend the same pleasure to you.

Bhavesh K. Savla, Chartered Accountants can help you in the following cases:

  • Pre-incorporation advice on Taxation, Foreign Exchange Laws etc.
  • Actual incorporation procedure
  • Post incorporation procedures like Share allotments and related compliances various Government procedures and registrations, opening of Bank Accounts
  • Regular compliances with the government authorities
  • Transfer Pricing Norms in taxation

We also serve Expatriates in the following areas:

  • Personal taxation including calculation and deposit of taxes.
  • Obtaining a Permanent Account Number (PAN)
  • Filing of Income Tax Returns
  • Advice about investments in India

As the world becomes one global village and newer and faster means of communication and data exchange become accessible and inexpensive, the world is able to cross boundaries and forge partnerships and expand business.

We welcome you to India and wish you a successful stay.

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