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Establishing a Business in India
Starting a business in India offers vast opportunities with its growing economy, large consumer base, and supportive government initiatives like “Make in India.” With tax incentives, a skilled workforce, and abundant resources, India is an ideal destination for business growth and expansion.
INDIA
India is the world’s largest democracy, the fifth largest in terms of nominal GDP. India offers the ideal blend of innovation, talent, financial, and renewable resources to help your business thrive. India currently ranks 63rd on the ease of doing business index, with a jump from 142 to 63. India is surely on course to be the fastest-growing economy in the world with a trillion-dollar FDI Inflow till date cementing its position as a global investment hub. With government backed programmes like ‘Make in India’ and various incentives and tax holidays and favourable demographics and a competitive advantage over other countries, India stands as a great investment destination and is considered as being one of the fastest-growing economies in the world, driven by economic reforms and a large consumption base
ABOUT INDIA
India is the world’s largest democracy, the fifth largest in terms of nominal GDP. India offers the ideal blend of innovation, talent, financial, and renewable resources to help your business thrive. India currently ranks 63rd on the ease of doing business index, with a jump from 142 to 63. India is surely on course to be the fastest-growing economy in the world with a billion-dollar FDI inflow till date. With government backed programmes like ‘Make in India’ and various incentives and tax holidays and favourable demographics and a competitive advantage over other countries, India stands as a great investment destination and is considered as being one of the fastest-growing economies in the world, driven by economic reforms and a large consumption base
SETTING UP A BUSINESS IN INDIA
Foreign investors can establish businesses in India through the following structures:
- Wholly Owned Subsidiary (WOS)
- Limited Liability Partnership (LLP)
- Branch Office (BO)
- Liaison Office (LO)
- Project Office (PO)
FEATURES THAT SET INDIA APART
- 100% Foreign ownership allowed
- Economic and Political Stability
- World’s fastest growing major economy
- Ease of doing business
- Special Economic zones (SEZs)
- Incentives and tax holidays
- Prime Location for foreign nationals, major investment hub in South Asia
- Skilled and Low-cost workforce availability
- Global leaderships in sectors like IT Services and Pharmaceuticals
- 13 Free Trade Agreements (FTA’s)
- 94 comprehensive DTAAs and 8 limited DTAAs
- Major Tax reforms like Goods and Service Tax (GST)