India Business Start Up |
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India business start up is complicated because of the country's lack of regulatory transparency and excessive bureaucracy. That said, Healy Consultants' professional approach to establishing a business in India minimises inconvenience for our international clients. The following is an overview of the key challenges of India business start up: |
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| 1. | India business start up is an excellent way to enter the booming Indian economy. |
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| 2. | Investors forming a business in India to conduct both local and international trade often choose a limited liability company (LLC). An India LLC is preferable to a foreign branch office because it faces fewer restrictions on activities. |
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| 3. | Through an India LLC, foreign investors can obtain work and residence visas, rent Indian business premises and open a local corporate bank account. |
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| 4. | Because of the complexity of forming a business in India, Healy Consultants minimises unwanted surprises for clients by preparing a detailed engagement project plan, which typically includes: |
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| i) | Prior to India business start up, our client settles our fees and signs Healy Consultants engagement letter; |
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| ii) | Healy Consultants provides a detailed engagement plan related to forming a business in India; |
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| iii) | Healy Consultants completes India business start up with the corporate structure as agreed with our client; |
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| iv) | Healy Consultants opens a local or international multicurrency corporate bank account for our client after establishing a business in India; |
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| v) | After forming a business in India, Healy Consultants e-mails an engagement feedback survey to our client. |
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Healy Consultants offers a wide range of services to support India business start up, including: |
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| i) | After forming a business in India, Healy Consultants prepares business plans, conducts market research and draws up feasibility studies for clients; |
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| ii) | After forming a business in India, Healy Consultants assists clients to locate suitable office premises in India, or provides virtual office services to enable clients to avoid the costs of renting an office in the country; |
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| iii) | After forming a business in India, Healy Consultants will open a local or international corporate bank account with a leading retail bank such as HSBC, Standard Chartered and Citibank; |
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| iv) | Following India business start up, Healy Consultants handles statutory accounting formalities on behalf of the company. For example, after forming a business in India the company is required to i) register for value added tax (VAT) ii) submit an annual tax return and iii) submit annual audited financial statements; |
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| v) | To support India business start up, Healy Consultants builds a business website and launches search engine advertising and optimisation campaigns for our client; |
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| vi) | Following India business formation, Healy Consultants assists our client to obtain corporate finance, trade finance and open merchant accounts. |
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| Contact Us | |||||||||||||||||
| For additional information on India business start up, email email@healyconsultants.com or call us in Singapore at (+65) 6735 0120. | |||||||||||||||||
| Back to India Company Formation page. | |||||||||||||||||
Buy Healy Consultants' Asia Business Set Up book, to order call +65 6735 0120 or e-mail email@healyconsultants.com
