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7 Important Points about Subsidiary Company Registration in India

  Subsidiary Company Registration in India   Of late, India has become one of the most sought after business destinations of the world. Accordingly, every year, it is witnessing more and more foreign company registration in India .   There are many reasons for the same but predominantly, the presence of huge middle class consumer base, democratic government regime, second highest English speaking population and investor friendly schemes of the government are the major factors which has resulted in upsurge in setting up businesses in India.   Although there are many options available to a foreign company which wants to set up their business in India, however, one of the most popular and tax efficient entity structure for any foreign company is by way of subsidiary company registration in India .   In this write up, we have highlighted 7 important points relating to subsidiary company registration in India which would be beneficial to any foreign c...

PROJECT REPORT FOR BANK LOAN

  PROJECT REPORT FOR BANK LOAN   Finance is the lifeline of any organization, whether you want to launch a new venture, complete a project, or grow an already successful enterprise. If you have a brilliant idea but lack the funds to put it into action, you can consider applying for a loan from a bank or other financial organization. There are numerous conditions to obtain a loan from a bank, and these requirements differ from bank to bank as well as depending on the kind and amount of loan you are seeking. In this article, we'll talk about how to put together a project report for bank loan purpose.   Every businessman is in need of funding and when they approach banker for funding for their business, the banker usually asks for project report. The project report is a document which provides a complete overview of the proposed project.   Since it is one of the most crucial documents for bank loans, as a business owner, one could find it challenging to w...

Advantages of setting up manufacturing unit in India

  Setting up manufacturing unit in India India is the 7 th largest economies in the world and one of the fastest growing economies in the world. India is in the threshold of transition from developing to developed economies in the world.   Despite being in the process of development, India's economy has a significant influence on world trade. The vast majority of the most developed countries in the world are eager to establish or deepen relations with India.   India has a 5,000-year history of embracing visitors from abroad, and this welcoming attitude makes it easier than ever for foreigners to start businesses there. India is a great place for business because it has the world's fastest growth rate and the seventh-fastest growing international economy. There are several benefits for foreign company registration in India , from the career-focused young to the abundance of experienced specialists, backing from the government to business-friendly regulations a...

FACTORY SET UP IN INDIA- Things to be kept in mind

  FACTORY SET UP IN INDIA Since the year 1992, India has been focusing on its service industry and agriculture and achieved tremendous growth in service sector in areas of IT and ITes, Pharmaceuticals, space research and defense.   Now, India has started focusing on developing its manufacturing sector and government of India has launched various schemes to attract foreign companies for Factory set up in India.   There are many advantages of setting up manufacturing unit in India like huge consumer market, cheaper cost of production, high skilled labor, friendly government policies and incentives and shorter lead times for customers.    Following factors should be kept into consideration before looking to set up a factory in India by any foreign company:   1)       Type of Entity   Firstly, it is important to decide upon what type of entity to be set up in India for doing manufac...

Foreign Company registration in India – Compliance under Companies Act

Foreign Company registration in India One of the most important developments in 21 st Century is that the world has become a global village which have helped companies to work in different countries with minimal trade barriers and improved economic conditions. Every year, thousands of foreign companies are incorporated in India owing to its huge market potentiality, democratic regime, English speaking population, cheap and highly skilled work force and investor friendly policies of the Indian government Foreign company registration in India Foreign Company means anybody corporate or company incorporated outside India and which- (a) has a place of business in India whether by itself or through an agent, physically or through electronic mode; and (b) conducts any business activity in India in any other manner. Various Options for foreign company registration in India There are various options available for foreign company registration in India as mentioned below: a)...