ENTRY IN INDIA

Before making an entry in India or investing in India, anyone has to decide about various components, including selecting sector, Location, type of entity.

Cycle to have an entity in India

Entering India ——> Select Sector ——> Select State —-> Select type of entity—–> process / Compliance ——–> taxation ——-> Winding up 

Foreign Direct Investment in India is sector-dependent. In some Sectors, 100% investment is allowed through automatic route, i.e., no special approval is required, while in others, approval of regulatory authorities is required.

Further, India has 28 states and 8 union territories. In addition to an investor-friendly scheme run by Central Government, Each state has its own Industrial policy. Government subsidies are available to promote industries and the service sector in the respective state.

Similarly, Selecting the right type of entity for doing business in India has the same effects the tax planning, compliances, and exit options.

We at PRANV helps you to select the right type of entity best suited based on the nature of transaction/business to be carried out complying with regulatory provisions.

A Foreign Company / Entity planning to set up business in India may do so as a Foreign entity or incorporate a domestic entity. Taxation and permitted activities differ for Foreign and Domestic companies.

Various regulatory approvals from Foreign Investment Promotion Board (FIPB) / Director General Foreign Trade (DGFT) / Department of Industrial Policy & Promotion (DIPP) / Secretariat for Industrial Assistance (SIA) / And Reserve Bank of India (RBI)/ Registrar of Companies (ROC) are required. PRANV helps to get the regulatory approvals on your behalf.