BUSINESS SETUP IN INDIA
Starting a new business venture is an exciting yet challenging decision. Entrepreneurs have often found themselves “ready to work” with a business plan, only to find out that there are critical financial and legal implications that they haven’t looked at yet.
Some startups wish to apply for identification under the Indian Government’s Startup India initiative. Under this scheme, several legal, financial and tax requirements for startups are different from those of existing companies, and missing out on those demands could cause financial losses or opportunity losses.
In the hard landscape of today’s economy, when every startup has to struggle against hundreds of competitors to make its mark, a consultant for the financial and regulatory aspects could be vital. We provide dependable startup consulting services to assure that nothing slips through the cracks while you work on your business plan. Read more about FSSAI Registration
Complete Area of “Business Set up Services” Is Divided into Three Parts
Pre Entry Services• Pre Entry Market Exploration.
• Advising Indian Entry & business structure.
• Advice on Indian Regulatory Environment.
• Industry analysis.
Implementation Services
• Location Analysis Exploration.
• Partner Search.
• Ready-made setups
• Structuring of a suitable entity
• Company Formation and Government Approvals
• Compliance with regulations relating to foreign exchange
• All Statutory registrations
Post Entry Services
• Consistent and working managerial and lawful support.
• Legal, IT, HR, and Accounting support.
• Administrative support.
• Financial support (Corporate & Project financing).
• Assess & interpret overall company performance.
• Public policy influencing.
Conclusion
A new business setup In India can be a bit hard if you don’t have the right knowledge to endure the process. Most startups face different challenges after registering their business because of the mistakes they make in the process. To avoid wrong decisions while choosing a business type, study the above main factors very well. You can also visit our website to know how to set up a limited liability partnership in India.