Doing Business in India

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Doing business in India is now much easier than it was before, reason being that a rapidly growing economy is now opening to foreign investment. To be able to start in business in India there are a few points that an investor needs to keep in mind. He will need to know how to start a business in India, how to incorporate a company in India, how to open a subsidiary and how to open a branch office etc.

Foreign investors also need to know how to apply for a patent and how to register a trademark, how to register a copyright and how to apply for a PAN card, a TAN card and how to file income tax.

Investors also need to keep in mind the legal framework crucial for doing business in India, like Companies Law, SEBI Law, and Environment Regulations. Carrying out a business in India also requires the company to files its taxes regularly and they need to know about corporate tax rates in India and tax rates for foreign companies.

Knowledge about where they can get business financing is also crucial, along with opportunities for overseas Indian’s, innovation and business in Indian and joint ventures and international joint ventures in India.

Business people also need to educate themselves on real estate investment in India, , patents, trademarks and NRI’s and PIO card holders need to know the special requirements they need to fulfil before they can start operating a business in India.

Other important points to be kept in mind are outsourcing to India, legal outsourcing to India, foreign institutional investors, sector wise FDI limit in India, import and export and import, as well as the basic types of business entities in India, Private Limited Company, Public Limited Company, Branch Office, Liaison Office and project Office