Business Setup Services

We provide end-to-end services for any company or individual looking to setup legal entity in India. In fact, we specialize in advising and setting up of a company or LLP for foreign companies who wish to setup subsidiaries in India in a transparent manner, within a quick time frame and at a reasonable cost.

Our services under this category include:

  • Advising on the entry strategy for foreign companies to India.
  • Studying the group structure of the foreign company and advising on the various types of legal entities like private limited company or Limited Liability Partnership Firm, which they can incorporate.
  • Advising the company on selecting the location for setting up of their Indian entity depending upon the availability of resources, expert manpower and cost-effectiveness in various States in India.
  • Incorporation of a private limited company or a Limited Liability Partnership (LLP).
  • Helping the company in finalizing the office space and drafting and registration of the office lease agreement.
  • Assisting in completing the documentation for opening of a bank account in any bank the Management decides.
  • If the newly setup company is a subsidiary of a foreign company, then it is important to ensure all reporting under Foreign Exchange Management Act (FEMA) is completed on a timely manner and Unique Identification Number (UIN) and the final approval is obtained from the regional Reserve Bank of India.
  • Ensure that the allotment of shares is completed, filing with the Registrar of Companies is completed and shares are properly stamped and issued to the shareholders.
  • Holding of First Board Meeting of the Company and ensuring all compliances of the provisions of the newly notified Companies Act, 2013 are complied with.
  • Helping the Company in short-listing and finalizing the statutory auditors of the Company.
  • Obtaining the Indian Income-tax Identification Number or Permanent Account Number (PAN) for the company.
  • Obtaining the Withholding Tax or Tax Deduction Account Number (TAN) for the company.
  • Registering the company within 30 days from the date of incorporation with Karnataka Shops and Establishment authorities. This authority is also considered as the labour department in Karnataka.
  • Registering the company with Professional tax department within 30 days from the date of incorporation.
  • Applying for Import / Export Code (IEC) from Joint Director General of Foreign Trade (JDGFT) which is prerequisite for undertaking any import or export activities.
  • Obtaining Service tax registration certificate for the services to be provided by the Company.
  • If required, registration under Karnataka Value Added Tax Act and Central Sales Tax Act for the products dealt by the company.
  • Registration under Employees Provident Funds Act (PF) and Employees State Insurance Corporation of India (ESI), if required.

All Rights Reserved 2014 | P.Dilip Kumar & Associates
Address: Ground Floor, 'Sumeru', No. 12, Sir M N Krishna Rao Road, Basavanagudi, Bangalore 560004, Karnataka, India