UAE based company engaged in the business of manufacturing and trading of chemicals, and desirous of business setup in India has approached EzyBiz India Consulting LLP for guidance and complete handholding in the entire process of company registration in India.
Presently UAE Company is manufacturing and supplying chemicals in the entire UAE and some GCC countries and looking for a huge investment opportunity in Indian market owing to huge market size of India and its consumers.
Initially, the UAE company will chose subsidiary company option for business setup in India. The parent company will held 99.99% in the Indian subsidiary and balance shares would be held by an individual. Further, the company will start with 5 directors, out of which 3 Directors would be foreign nationals. The head office of the company would be situated in Surat, Gujarat and it is expected that initial capital would be around USD 2 Million which will be increased gradually depending upon the expected demand of its products.
Recently, India has seen an upsurge in numbers of foreign companies willing to set up business in India as India provides many advantages like huge market, vibrant democracy, availability of skilled and unskilled labor at comparatively lesser cost than foreign countries, favorable policies of government for encouraging FDIs in India and providing a conducive environment for more and more business setup in India by the foreign entities/nationals.
Besides above, the Indian government also guarantees the protection of IPRs of foreign entities and many other factors due to which foreign companies are willing to set up their business in India.
All the aforesaid factors have contributed in India becoming an alternative manufacturing hub for foreign companies to China and other South East Asian countries.
EzyBiz India consulting LLP has more than 20 years of experience in the area of India Entry Service, Factory set up in India, Taxation and Regulatory, Accounting, Labor laws, Funding and Transaction Advisory. It has an expert team of Chartered Accountants, Company Secretaries, lawyers and management graduates. It provides end to end one window solution right from entry to exit out of India. Further, it also assist in post incorporation registrations and compliances like GST registration, Import Export license, MSME registration, Labor law registration, Accounting, Payroll, Tax return filing, Regulatory compliances, Labor law compliance, secretarial compliance, Audit etc.
They also assist foreign companies desirous of setting up manufacturing unit in India i.e Factory set up in India. In this regard, they provide assistance in conducting feasibility study, land identification and acquisition, Factory construction, trail run of production etc. Also, in getting all the necessary approvals and licenses before, during and after construction of factory building.
In last 7 years or so, Ezybiz India has assisted more than 500 foreign companies in business set up in India.