Business Setup Services In India – For Top Quality Advice and Action

India has been a major investment destination for many years now. Along with China, India has been seen as the country where transnational corporations can set up shop and produce goods or operate their back offices and so on. Some of the positives the country presents to a prospective investor are a young and educated workforce and an organized and time tested financial and legal-justice system. But there are many bottlenecks too. The country still lags far behind in terms of ‘ease of doing business’. This applies to investors from within the country as well. If you are planning to start a new firm, you will need the help of an agency that offers Business Setup Services In India. There are applications to be filed, licenses obtained and permissions and approvals secured before you can start selling or making anything in India or for starting up a company in the service sector.

Many Areas Where Help is Necessary

Family run enterprises, operating in the country for decades would be familiar with the ways to form a new entity, having it registered and so on. For a first generation entrepreneur or foreign company setting shop in India for the first time, these areas will be completely new. They will have to start from scratch as far as the Company Law framework is concerned. And the law keeps getting amended, especially when new governments take over and some of these may be good for a new investor, like the provision for incorporating limited liability partnership LLP companies. There may be other clauses unique to India. Only an expert firm that specializes in Business Setup Services In India will be in a position to guide you through the maze of all these initial formalities.

Tax Registrations Also Equally Critical

Many of the statutory provisions in the Indian system have been reformed and brought in line with international practices, but there will still be a number of areas, like repatriation of profits, double taxation, the Foreign Exchange Management Act (FEMA) and registration for tax related issues, like VAT, Service Tax etc also require full understanding on the part of the investor so that they do not get into any embarrassment later. A professional consulting firm, with relevant experience in providing Business Setup Services In India would be the ideal choice for you to retain to be on the right side of everything your form does. It will also ensure that all those permissions needed are smoothly obtained.

Prakash K Prakash has been offering a broad spectrum of Business Services like Company Law Services, Financial Accounting Services, Chartered Accountants In India, Fema & Rbi Related Services and more.