Setting up a business in India - SimplySet-Up

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SimplySet-Up

Advisory, Assistance and Execution support for entity set up in India

Indian economy has become the fastest growing major economy in the world. India is considered a land of opportunities and an intriguing market for the overseas businesses and investors.

There are many reasons for India becoming one of the most preferred Investment destination in terms of Foreign Direct Investment (FDI) leading to more and more overseas companies and investors opting for Setting up a business. some of which are availability of skilled and talented human capital, Low labour costs, attractive incentives for new manufacturing enterprises, improved infrastructure facilities and a reduced corporate tax rate.

Why SimplySet-up?

We understand that starting a business in a foreign land is not an easy decision to make. It is obvious to have multiple questions like how to start, which form of set-up to go with, what are the legal formalities involved, what kind of registrations to procure, how to safeguard the interest of various stake holders etc., and the most important is to find a right consultant who can guide and handhold you at every step so that the process is absolutely smooth & hassle free.

We understand the end-end requirements for business set up based on our past experience that we have gained from various Indian & International clients that we have served and have therefore come up with our product offering called SimplySet-up. SimplySet-up provides Advisory, Assistance and Execution support for entity set up and ensure that you have all the basic registrations for running your business.

We have helped clients having parentage from various global locations like USA, Singapore, Germany, Australia, Norway, Malaysia, Philippines, UK, UAE, Japan and Russia to set up their businesses in India. We take pride to claim that our team of professionals have not only helped set-up business for overseas clients but we also continue to support them for their ongoing compliance.

What are the various setup options that SimplySet-up can provide?

Businesses are no longer limited to domestic markets, as they operate in an increasingly global scale. India has become a home to one of the most dynamic and competitive markets, which prompted many companies to establish their subsidiaries, Branches Offices, Liason Offices and Project Offices in India.

There are a variety of options available to foreign investors wanting to set-up business operations in India.

Wholly Owned subsidiary

Setting up a Wholly-owned Subsidiary is the most preferred option chosen by overseas companies that want to establish their shared service setups, and R&D centers in India with 100% ownership so that the strategic decision-making and control of operations rest with them. The subsidiary can be registered as Private Limited or Public Limited Company.

Limited Liability Partnership (LLP)

LLP has also become a very popular form of entity structure due to its hybrid form and its flexibility. Foreign Direct Investment (FDI) in LLP is now allowed to the extent of 100%, and so NRIs or foreign nationals can start or invest in an LLP making it an ideal investment vehicle for establishing a small business in India.

Non-Profit Organisation

In India, the work in the social sector is done by Non-Profit Organisations (NPOs) alternatively known as Non-Government Organisations (NGOs). NPOs can be registered either as a Trust or a Society or a Section 8 Company.

Registration of Foreign Companies in India as Liaison Office or Project Office or Branch Office.

Liaison Office/Representative Office

The liaison office acts as a bridge of continuity between a primary place of business i.e. the country of origin and concerned parties in India. No business activity is often undertaken during a Liaison Officer, and thus, it doesn’t “earn” in India.

Project Office

To initiate specific projects a far-off entity has the choice of fixing a short-lived project/site office in India. Such project offices can only carry out the activities that they are permitted by the RBI

Branch Office

Foreign companies requiring a physical presence to conduct their business without the botheration of creating a separate legal entity, have the choice of setting up their Branch Offices in India.

What does SimplySet-up Offer?

SimplySet-up provides full-fledged Business Set-up assistance for any form of entity structure which may either be a WOS or a LLP or a NPO.

The Broad Scope of work Covers:

Advising on the entry-exit Strategy and identification of the right entity structure for Business set-up in India

Assistance in identification and selection of the place of business

Assistance in appointing Resident Director/ Resident Authorised Representative / Resident Partner

Preparation & Filing of documents & coordinating with the Regulator to obtain the certificate of Incorporation/Registration

Obtaining registrations and getting approval from various regulatory bodies/agencies as applicable to commence Business

Ensuring Post incorporation compliances including Foreign Exchange Regulatory compliances

Payments & Plans

Step 1

Choose your plan

Step 2

Fill the enquiry form

Step 5

Payment

Step 6

Kick Start

PLAN A

Advisory on the below-mentioned:

1. Entity Structure
2. Process
3. Benefits
4. Documents Required
5. Timelines
6. Tax aspects

PLAN B

1. Advisory & guidance on the entity structure.
2. Preparation & filing of documents and Coordination with the Regulator for Incorporation.
3. Drafting of Charter documents.
4. Assistance in arranging a place for Registered office.
5. Ensuring Post Incorporation Compliances.
6. Undertaking share capital reporting to RBI as per Foreign Exchange Regulations.
7. Basic Tax and Social Security registrations (ESI & EPF)
8. Other Mandatory registrations for commencing business (excluding Industry specific registrations)
9. Assistance in appointing Resident Director/Authorised representative.

Payment Terms

1. 100% Professional fees including the statutory fees need to paid in advance.
2. Payment can be made through any of the payment modes that are available.

Engagement Model of SimplySet-up

We operate on a Fixed Fee Model for providing
Business Set-up services.

Our Mission

We help you set up your business for you to manage and grow

100+

Existing clients

30+

Team of Professionals

30+

Industries

300+ Years

Of Collective Team experience

Advantages of hiring SimplySet-up Solutions

About
SimplySet-up
Team

Simply Set-up team of highly experienced professionals can undertake entity set up of any of the forms mentioned above. We specialize in establishing and registering offices Business Setup in India.

We are professionals first and foremost, and are thus committed towards objectivity, quality and service of highest standard. The incisive knowledge and the extensive experience of our core team brings unmatched competence to support your company’s business objectives.

For any enquiry, write to our Product Head:

Geetanjili Aggarwal

E-mail ID – geetanjili@simplybiz.in or SimplySetup@simplyBiz.inin

About SimplySet-up
Team

SimplySet-up team of highly experienced professionals can undertake entity set up of any of the forms mentioned above. We specialize in establishing and registering offices Business Setup in India.