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An overview of the Client
Our client is a Portugal based Multinational Cooperation engaged in manufacturing, trading & distribution of Crockery and kitchenware products across international Market
Country: Portugal
Industry: Manufacturing & Trading
Location: Gurgaon
Objective: To set up a business in India & along with end-to-end compliance advisory
The Challenge
1. Unclear Strategy regarding Entry
The client was confused about the appropriate model in entering the Indian market and other compliance requirements in Manufacturing and trading industries.
2. Regulatory complexities
Following up with the different laws applicable like Companies Act, 2013, FEMA, Income Tax, Labour Law requirements
3. Taxation difficulty
Understanding GST Requirements on import & domestic sales, along with corporate Tax.
4. Company registration issues
Managing with formation of company with foreign shareholders & their post Incorporation compliances.
5. Cross Border transaction Structuring
Ensure compliance with the transfer pricing and other regulations.
Our Approach and Solution
1. Structured Requirement & FDI Framework
Our Team assess the requirements of the clients and advised them regarding incorporating a wholly owned Entity in India under Automatic route ensuring Compliance with the Foreign Direct Investment regulations
2. Company Incorporation Requirements
Our Team managed the whole Company incorporation with its Post Incorporation compliances including:
- Name reservation & its approval
- Obtaining of Digital Signature(DSC) & Director Identification Number (DIN)
- Preparation of Documentation
- Submitting of Incorporation forms with ROC.
- PAN & TAN Registration
- GST Registration
- Opening of Bank Account in India
3. Taxation Advisory
Our Team provided an Extensive tax Advisory services ensuring effective structuring in Indian Operations including
- Guidance under Direct Tax & a Viable Tax structure.
- Applicability under GST for trading transaction
- Taxation regulations under Cross Border Transaction
- Requirements under Transfer pricing
4. Regulatory & operational needs
We helped the clients in understanding their operational & regulatory compliances running the operation of their business
Results
1. Ease in entering Indian Market
The Client was able to set up an Indian Company with Foreign shareholders in full compliance with the corporate Law and regulatory Laws
2. Tax efficient way of business
Due to Taxation advisory services, Client able to improve its tax position, while ensuring with the compliance under the applicable Law
3. Clear Regulatory guidance with lower level of Risk
With Clear guidance to the client in Companies Act, GST & FEMA Regulations helped in reducing risk and hence enhanced smooth operation
4. A Strong Framework for Growth
Client easily able to scaled up its operation its business in India and further decided to open a Manufacturing Plant.
Planning to Expand into India?
If you are a foreign company looking to set up operations in India, we help you navigate regulations, raise funds, and go operational—quickly and compliantly.