REGULATORY COMPLIANCE FOR SETTING UP OPERATIONS IN
of the situation, developing an international business and operating
in international markets can expose an organization to a myriad
of complex rules that govern international trade and foreign investment.
Today, virtually all businesses are in some way affected by global
enterprise. At Trustman, Law Firm understand that skilful navigation
through unfamiliar laws and regulations, treaties, customs and tariffs,
bureaucracy, language barriers and unknown business practices is
critical to an organizationís success in the global marketplace.
Whether a business crosses one or many borders, we provide strategic
legal advice that helps our clients seize and maximize the available
opportunities while also managing and minimizing the risks.
expansion of international trade law beyond trade in goods to include
services, foreign investment and trade-related intellectual property
measures, product certification has meant that advising clients
on all of their trade law matters frequently requires access to
experts in other legal areas. As a premiere business law firm, Trustman
is able to provide specialized advice in the areas of international
taxation, transfer pricing, intellectual property, financial services,
competition, energy and natural resources, administrative litigation,
the environment, packaging/ labeling standards, product certification,
privacy, temporary entry requirements and immigration.
undertakes to secure all the permissions required under Indian law
for setting up operation at all level in India. A foreign
company can set up its presence in India through a liaison office,
a branch or a subsidiary. As a liaison office is not permitted to
carry on any trading, commercial or industrial activity in India
or earn any income from the day-to-day activities carried on by
it in India, it is suitable as a mere representative office, which
acts as a facilitator for the parent company which is currently
gauging the market scenario in India. A branch on the other hand
is permitted to carry on certain specified activities. A subsidiary
is treated almost at par, with a domestic company. In some sectors,
there is a cap on foreign investments and prior approval of the
regulatory authorities such as the Foreign Investment Promotion
Board is also required. In other cases, only the Reserve Bank of
India is required to be intimated within a specified period of time
from the date of issue of shares to foreign shareholders.
Law Firm's practice area relating to assisting our clients
in setting up their operations in India focuses on:
Advising for entry strategy for India.
Certification of the product that is required
to sell the product in India and worldwide.
our clients through the various laws, rules and regulations that
will impact setting up of operations and running
of business in India
Structuring the investment in India in the most tax
Assisting our clients in filing applications with the various regulatory
authorities and obtaining a clearance, such as clearance from the
Foreign Investment Promotion Board, if the activities of the client
require such a clearance and do not fall under the automatic approval
Assisting in incorporation of the company by drafting of and filing
the relevant incorporation documents with the Registrar of Companies
on the various compliance procedures under relevant laws, rules
and regulations and Obtain licenses and address regulatory compliance
legal audit of the business whether the business complies with the
law of land as may be required under Indian laws and further
advising the corrective measures.