Opening a travel agency in India is an opportunity many businessmen are seizing at the moment. India's travel and tourism sector is experiencing a significant boom, driven by government initiatives promoting domestic travel. Our company formation agents in India can help investors open their businesses here. They can also assist them in obtaining the necessary licenses…
A sole proprietorship is a form of business organization where a single individual owns, manages, and controls the entire business. Legally, there is no distinction between the owner and the business, as they are considered one and the same entity. In this article, we describe the process of opening a sole proprietorship in India and details you should not miss when opening it. Our agents can help you register a company in India, including a sole proprietorship. What is different about the sole proprietorship in India? The individuals that open a…
If you are planning to open a business in India as a foreigner, the procedure implies following several steps. The process has been explained in various articles. As such, below we will explore what it implies to run a company, but most importantly, the costs associated with having an enterprise…
The creation of a foundation in India falls under several laws, among which the most important is Section 8 of the Company Act which provides for the establishment of non-profit entities. However, other legislation must also be respected. If you want to set up a foundation, you can rely on…
The 1882 Trusts Act is the main law providing for the creation of trusts in India. It provides for the activities that entities can complete and the way they can be registered in this country. There are several types of trusts that can be established in this jurisdiction, and our…
There are various types of financial companies that can be set up in India. Each of them is subject to different requirements when it comes to authorization, which is why if you want to register such a business, you need to file for a banking or financial license in India.…
The nominee director in India represents an individual proposed by an institution or a company to occupy this position in the business without actually playing an active role in the company. As specified in the word “nominee”, this person has the role of director of the company on behalf of…
Our company formation agents in India specialize in facilitating the establishment of Special Purpose Vehicle (SPV) companies tailored to your specific needs. Our team adeptly navigates the regulatory landscape to ensure compliance and efficiency, whether you are setting up an Indian SPV for securitization, asset transfer, risk management, or fundraising. Our…
Fiscal representation is a legal requirement in many countries for businesses that operate internationally, especially in the field of taxation. Fiscal representation in India involves appointing a representative who is typically a local entity or individual to act on behalf of a foreign business for tax purposes. Navigating the complexities…
Transfer pricing in India covers transactions completed by local and foreign companies that exceed a certain value. These transactions are governed by Section 92A-F and Rule 10A-E of the Income Tax Rules of 1962 which has been modernized in 2001. Below, our Indian company formation officers explain the main requirements…
