Nov. 15 – The new issue of India Briefing Magazine, titled Establishing a Business in India, is out now and is immediately available as a complimentary PDF download on the Asia Briefing Bookstore.
Expats working in India and business people visiting the country for the first time generally agree that India is different; that it stands apart from other developing nations in the business opportunities it presents.
These opportunities are plentiful partly due to India’s sizeable population, which includes a large, young labor pool – the median age of India’s population is only 26.2 – and an attractive consumer base.
Even the challenges of an inferior infrastructure (for which India is well known) present large investment opportunities for foreign-invested enterprises, as the government is prioritizing investment in infrastructure upgrades. Continue reading
Oct. 15 – Annual audit and compliance procedures are relatively simple for foreign representation entities compared to Indian setup entities.
Foreign Representation Entities
For annual compliance, foreign representation entities are required to file the following:
- Audited balance sheet
- Profit and loss accounts
- Director’s report
- Statutory auditors’ report
- Annual account of holding company
- List of places of business in India Continue reading
Asia Briefing’s new report touches on everything you need to know about doing business in India, and is now available as a complimentary PDF download!
Sept. 26 – Asia Briefing, in cooperation with its parent firm Dezan Shira & Associates, has just released a new 30-page report introducing everything that a foreign investor should be familiar with when establishing and operating a business in India. This guide, titled “An Introduction to Doing Business in India,” is immediately available as a complimentary PDF download on the Asia Briefing Bookstore.
Set to become the third largest economy in the world by 2025, India presents enormous opportunities for foreign investors.With a population of over 1.2 billion, more than half of which is under 25, the country has huge production and consumption potential. Since liberalization in 1991, India has continuously recorded high growth rates, averaging quarterly GDP growth of 7.45 percent between 2000 and 2011. Continue reading
Aug. 31 – The new issue of India Briefing Magazine, titled Pre and Post-Incorporation Compliance for Foreign-Invested Entities, is out now and is immediately available as a complimentary PDF download on the Asia Briefing Bookstore.
Foreign-invested entities in India can broadly be split into two types: foreign representation entities (branch offices, liaison offices and project offices) and Indian setup entities (wholly owned subsidiaries, limited liability partnerships and joint ventures).
Compliance requirements include tax compliance, annual activity reporting (for BO and LO), annual compliance and ongoing compliance (such as notifications about major changes in an entity or Foreign Exchange Management Act compliance).
Compliance requirements vary by foreign-invested entity type – in this issue we discuss compliance for foreign representation entities and wholly owned subsidiaries. Continue reading
Our regular round up of India-China comparisons, including free downloads, reports and commentary from entrepreneurs and business people familiar with both countries
Jun. 4 – Welcome to our India-China roundup in which we examine the latest bilateral news and commentary affecting foreign investment in the two countries.
Here we provide a list of recent regional news of interest to India-based business individuals who may be considering doing business in, or with, China.
India Wages and Currency Beckon Manufacturers from China
India is beginning to look increasingly attractive as a destination for foreign investors as concerns over a lack of reform direction in China, coupled with increasing labor costs and a strengthening RMB position are placing some China based businesses under financial pressures. Continue reading
New opportunities and developments lie in store for foreign retailers
By Chris Devonshire-Ellis and Ankit Shrivastava, Dezan Shira & Associates
Feb. 2 – As India has liberalized its single brand retail industry to permit 100 percent foreign investment, we take a look at the regulatory issues and legal structures pertinent to establishing operations in this new dynamic market. That India should be well on the radar for foreign retailers was recently supported by A.T. Kearney, whose 2011 Global Retail Development Index ranks the nation as fourth globally.
India’s retail industry is estimated to be worth approximately US$411.28 billion and is still growing, expected to reach US$804.06 billion in 2015. As part of the economic liberalization process set in place by the Industrial Policy of 1991, the Indian government has opened the retail sector to FDI slowly through a series of steps: Continue reading
Posted in Business, FDI and Foreign Trade, Featured, Legal and Regulatory, Markets, Retail
Tagged Adidas, Carrefour, India Cold Storage, India Consumers, India FDI, India Multi-brand Retail, India Retail, India Single-brand Retail, India Supply Chains, Nike, Walmart
Jan. 11 – The Indian government on Tuesday agreed to allow 100 percent foreign ownership in single brand retail stores, paving the way for international businesses such as Starbucks, Ikea and Adidas to operate independently in the country without having to involve local partners. Foreign single brand retailers were previously limited to 51 percent ownership.
Besides the entrance of new companies into the Indian market, the decision is also likely to result in several existing foreign players operating under tie-ups with Indian companies to convert their existing ventures into wholly-owned subsidiaries. Continue reading