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 Sri Narendra Modi, Prime Minister of India, January, 2017
Different Forms of Doing Business in India
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 Development, Telecommunications, Computer Software and Hardware, Drugs and Pharmaceuticals, Automobile etc.
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:
Individual/Expatriate related compliances including PAN, FRRO registration, opening bank account etc.
Registration under various tax laws:
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 – KrayMan assists corporates and individuals with tax advisory, planning and compliance services in the realm of:
Compliance & Outsourcing – KrayMan offers a range of financial & legal compliance services to Clients who are wanting to outsource the entire finance & legal function to one-stop shop service provider:
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 helping ease of administrative burdens. Our team can help you in dealing with on-going compliance in conducting and maintaining :
Virtual CFO services supports small business who do not have an expert in-house CFO to provide the following services:
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, KrayMan helps in strengthening both the value of workforce through wide range of HR advisory services:
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