Authorized Capital vs. Paid-up Capital: Share Capital Requirements for Foreign Companies in India
/ Authorized Capital vs. Paid-up Capital: Share Capital Requirements for Foreign Companies in India Share capital represents the funds raised by a company through the issuance of shares. Companies need share capital for various purposes such as to fund their expansion, paying off debts, etc. Irrespective of the size of a company or the type […]
Streamlining Export Operations: Understanding the Merchant Exporter System in India
/ Streamlining Export Operations: Understanding the Merchant Exporter System in India In today’s interconnected global economy, efficient export processes are vital for foreign companies looking to expand their reach and tap into new markets. India, with its vast consumer base and diverse industries, offers immense opportunities for international exporters. To simplify export operations and address […]
Why Payroll Outsourcing is a Game-Changer for Foreign Companies in India?
/ Why Payroll Outsourcing is a Game-Changer for Foreign Companies in India? Managing payroll administration in a foreign jurisdiction can be a surprisingly difficult task, as each country has its unique laws and regulations about social security, taxes, and employee payrolls. As a foreign company operating in India, you may be struggling to keep up […]
BIS Update: Amendment to Lauric Acid Products in India’s Chemicals and Petrochemicals Sector
/ BIS Update: Amendment to Lauric Acid Products in India’s Chemicals and Petrochemicals Sector The Bureau of Indian Standards (BIS), the national standards body of India, recently made significant amendments to its Quality Control order pertaining to the chemicals and petrochemicals sector. Released on 24th April 2023, the update addresses explicitly the regulation of Lauric Acid […]
Thriving Amid Challenges: How to Sustain Your Indian Business Venture
/ Thriving Amid Challenges: How to Sustain Your Indian Business Venture? India, with its rapidly growing economy, vast consumer base and government initiatives to promote ease of doing business, has emerged as an attractive destination for foreign companies seeking lucrative business opportunities. With a population of over 1.4 billion people and a GDP growth rate […]
The Power of Organizational Resilience: Navigating Challenges and Thriving in Turbulent Times
/ The Power of Organizational Resilience: Navigating Challenges and Thriving in Turbulent Times In today’s fast-paced and unpredictable business landscape, organizations face a myriad of challenges. From economic downturns and technological disruptions to global pandemics and natural disasters, the ability to withstand and bounce back from adversity is essential for long-term success. This is where […]
Mandatory Compliance for Foreign companies selling Polyethylene Material Products in India
/ Mandatory Compliance for Foreign companies selling Polyethylene Material Products in India The Bureau of Indian Standards (BIS) recently issued an important update concerning polyethylene material for moulding and extrusion in India. This development has significant implications for European businesses, as India emerges as a key player in the global plastics industry. With its vast market potential and […]
Unleashing New Opportunities: Exploring the Advantages and Benefits of the MOOWR Scheme in India for European Businesses
/ Unleashing New Opportunities: Exploring the Advantages and Benefits of the MOOWR Scheme in India for European Businesses In recent years, India has emerged as a dynamic and vibrant market, offering a wealth of opportunities for global businesses. Among the numerous initiatives taken by the Indian government to attract foreign investment and foster economic growth, […]
Sourcing Capital Goods and Inputs under India’s MOOWR Scheme: A Guide for Foreign Businesses
/ Sourcing Capital Goods and Inputs under India’s MOOWR Scheme: A Guide for Foreign Businesses Under the MOOWR scheme, businesses can source capital goods, such as machinery, equipment, and tools, to support their operations and enhance productivity. This provision presents an opportunity for foreign businesses to invest in state-of-the-art technology and equipment, enabling them to […]
Importance of Significant Economic Presence (SEP)
/ Significant Economic Presence – Understanding the Implications- Indian Tax Laws The principles of “nexus” and “profit allocation” have long served as the foundational pillars of the global taxation landscape. However, the rapid digitalization of the world is continuously challenging the efficacy of these foundational pillars with businesses increasingly switching to efficient operational models that […]