India has reached a level where there is a strong need to partner with foreign companies. Many JV opportunities have already come up and will continue so for the next couple of years in all sectors, including ceramic manufacturing, sanitary ware, speciality chemicals, FMCG, Engineering, Capital Goods, Automobiles and others. A foreign transaction requires application of various provisions prevailing within as well as outside India. It is important for a Chartered Accountant to have a combined understanding of the provisions of Income Tax Act, FEMA, FDI Guidelines and other RBI norms in order to ensure that advise given to a client is thoroughly meeting all the vivid provisions under different Acts.

Foreign Companies looking to Partner or Invest in India – FDI

We have a dedicated team which caters to providing back to back, full fledged, services for foreign companies partnering with Indian companies. It includes everything right from inception of the thought to successfull implementation of it. Following are our speciality services, all under one roof:

  • Choosing the right legal vehicle
  • Identifyjng a foreign strategic partner for your company
  • Initiating discussions and formalising them on a MoU
  • Selecting optimum tax structures so that Foreign as well as Indian company has to bear minimum tax burden
  • Getting approvals from RBI for FDI
  • Valuation report which is mandatorily required by Law
  • Reporting compliances subsequent to closure of the transaction. This is a very important legal requisite failing which leads to harsh consequences.

Indian Companies looking to Partner Abroad

Indian companies are becoming increasingly global. Both imports as well as exports are multiplying exponentially. Many JV opportunities have already come up and will continue to come up for the next couple of years. The most attractive sectors for foreign collaborations include the Ceramic industry, Sanitary-ware, Speciality Chemicals, FMCG, Engineering, Capital Goods, Automobiles, & Packaging. A foreign transaction requires application of various provisions prevailing within as well as outside India. It is important for a Chartered Accountant to have a combined understanding of the provisions of Income Tax Act, FEMA, FDI Guidelines and other RBI norms in order to ensure that advice given to a client is thoroughly compliant with provisions under each of the different Acts prevailing in India.

Our services include the following :

  • Setting up branch office overseas
  • Selecting the right Jurisdiction after considering Double Tax Avoidance Agreement between India and the host country.
  • Provisions of Withholding tax (TDS) for making commission other payments like FTS, Interest & Royalty
  • International Transfer Pricing issues
  • Joint Ventures with International Organisation