India Entry Services

India Entry Services

India has become the sixth largest manufacturing hub of the world, and is “on the threshold of becoming the world’s most digitized economy” said Shri Narendra Modi, Prime Minister of India, January, 2017.

India is one of the most preferred destinations for doing business today. It is one of the top 10 FDI destinations globally. The key drivers of business growth in India includes the huge consumption base, investment potential, supportive government policies, lower operating costs and skilled workforce. India has attracted many foreign corporations to set up their business operations since 1991 when the Indian economy was liberalized for foreign investors.

Top investing countries in India include UK, Japan, Netherlands, USA, Cyprus, Germany, France Switzerland, Mauritius & Singapore. Major sectors attracting highest FDI are Services Sector, Construction, Telecommunications, Computer Software and Hardware, Drugs and Pharmaceuticals, Automobile etc.

With complex State and Federal Legislature structure, setting up a business in India is quite challenging, or so it is thought. Continual efforts are being made by the Government of India under the “Doing Business Initiative” & “Invest India”, to help identify business and establish the foothold in India. We assist foreign business enterprises in strategizing and planning their entry in Indian market and help them efficiently reach their business goals by being an integral part of their decision making process.

Our customised offerings are backed by years of valuable experience in dealing with international clients. We offer pro-active and specialized value-added business and financial consultancy services that provide the stimulus towards achieving growth and diversification. We cover wide areas of Accounting, Taxation, Internal Audits / Internal Control Reviews, Secretarial Compliance, Due Diligence and Business Advisory Services.

We recommend the most appropriate structure to match your India business strategy. We map risks and necessary steps required to register and operate your entity (be it Liaison, Branch, Project Office, Limited Liability Partnership, Wholly Owned Subsidiary or a Joint Venture in India), in accordance with the applicable regulatory and foreign exchange requirements.

Setting up Services

Entry level strategies: Evaluating and developing the entry level strategies. This will include analysis of various options such as Liaison Office (LO), Branch Office (BO), Project Office (PO), Subsidiary and/ or Joint Venture company in India from legal, tax and regulatory viewpoint.

Assistance in setting up of Presence in India: We assist foreign companies in obtaining the necessary approvals and licenses as per the applicable laws/regulations like:

  • Reserve Bank Of India (RBI)
  • Ministry of Corporate Affairs (MCA)

Individual/Expatriate related compliances including PAN, FRRO registration, opening bank account etc.

Registration under various tax laws:

  • Permanent Account Number (PAN)
  • Tax Deduction Account Number (TAN)
  • Goods & Services Tax (GST)
  • Import Export Code (IEC Code)
  • Shops & Establishment Act
  • Provident Fund (PF)
  • Employee State Insurance Act (ESI)

Ongoing Services

Assurance and Risk Advisory Services – Audit of financial statements is critical to businesses, shareholders / owners, lenders, investors and other stakeholders. We provide statutory audit and risk advisory services / internal audit customized to Client’s operations.

Tax & Regulatory Services – Liaisoners assists corporates and individuals with tax advisory, planning and compliance services in the realm of:

  • Income tax – Corporate, Personnel & Expatriate taxation
  • Withholding Tax
  • Goods & Services Tax
  • Foreign Exchange Regulations Compliances
  • RBI Filings

Corporate Secretarial matters – Our expert corporate secretarial team, comprising of Company Secretaries, helps Clients navigate the challenges of complex legal requirements of corporate compliance in India, enabling ease of administrative burdens. The team can assist you in dealing with on-going compliance in conducting and maintaining:

  • Statutory registers as per corporate law
  • Directors’ and Shareholders’ meetings as per secretarial standards
  • Preparation & filing of Annual Return including Balance Sheet, Profit & Loss account & other documents.
  • Statutory filings with MCA

Management Representation – Our Services for Management Representation is mentioned below:

  • Representing the Board and assisting in designing and implementing a best practice framework for organizational development and Corporate governance.
  • Assistance in developing and implementing organizational policies, systems and procedures as per the Indian law and regulation.
  • Advising the Management for staying compliant with various statutes and to act as Management’s authorized representative.
  • Assisting in designing and implementing a robust, efficient and effective Planning, Legal, Statutory and Reporting systems.
  • Preparing a detailed Budgeting Plan covering short term & Long term scenarios for efficient fund management.
  • Identifying bottlenecks of companies and assisting them to work out plans to secure profit maximization.
  • Assisting in identification of suitable market, Competition, Pricing, Tax & Regulatory structure and conversion of business opportunities.
  • Representation and negotiation for business partnerships and alliances.

Human Resource (HR) Advisory – People play integral part of organizations enabling them to achieve long term goals of generating revenues. In order to gain a competitive people advantage, Liaisoners helps in strengthening both the value of workforce through wide range of HR advisory services:

  • HR policy and manual design
  • Role defining and Competency framework
  • Performance Management System
  • Virtual Chief Human Resource Officer (vCHRO) Services

Building on our track record of helping a significant number of well-known international corporates set up their Indian operations, we remain at the forefront of helping global organisations navigate afresh Indian investment and business opportunities in the changed world order.