There are different ways by which a foreign company can establish its business in India:

• Liaison Office.
• Project office.
• Branch office.
• Joint venture with an Indian company.
• Wholly owned subsidiary company.
• Limited liability partnerships.

 Tax Incentives

• 100 % Export oriented units ( EOU) scheme.
• Special economic zone scheme.
• Electronic hardware technology park scheme ( EHTP) & Software. Technology Parks of India (STPI) scheme.
• Tax holiday.
• Investment-linked incentives.

Any company registered under the Companies Act or any foreign company that has its place of effective management in India will be considered as a domestic company. All income earned by a domestic company is taxed under corporate income tax. For foreign companies, only the income received or accrued in India is taxed under corporate taxation.

Compliances Under Companies Act, 2013

The Companies Act, 2013 lays down detailed provisions regarding directorships, statutory compliances, and various related aspects in a comprehensive manner and once all the legal formalities required for incorporation are completed and the certificate of incorporation is granted to the company, the said company is recognized as a separate legal entity in the eyes of law. 

Compliances Under The Labour Law

Companies have to comply with a plethora of statutes such as the Employees’ State Insurance Act, 1948; the Maternity Benefits Act, 1961; The Contract Labour (Regulation and Abolition) Act, 1970; the Equal Remuneration Act, 1976; the Payment of Gratuity Act, 1972; the Industrial Disputes Act, 1948; the Trade Union Act, 1926, etc. The company should ensure proper compliance with these various statutes to avoid any legal consequences. 

We, advise clients on various dimensions for setting up their operations in India in an effective and hassle-free manner. Our seasoned advocates leverage on the vast experience they behold to drive your revenue and growth at an optimum pace and in turn, solidify their reach in India in an easy manner.