Setting up a New Establishment

Want to open a new establishment/Branch Office in India? We at Eminent Professionals will take care of all hustle for setting up your business in India to make your transition smoother. We understand that while operating from Overseas it becomes difficult to setup a business unit/office in some other country and therefore we provide end to end services from registration, setup in a subsidized location, taxation and regulatory compliances to manpower and accounting at your site. We will work as a supporting hand to achieve your organizational objectives

SERVICES:

Services involved in setting up an undertaking :
1. Advance Ruling :
It is the first step to assess the feasibility of setting up a foreign establishment.
We will help you in assessing your taxation liability and other associated regulatory compliances by seeking an advance ruling judgement from the taxation authorities of India, which will help as crucial Go Ahead document from the Indian Authorities.

For more information visit Blog section – Advance Ruling.
1. Registration:
Our experts assist here for establishment of foreign entities in India. A Foreign Company / Corporation can establish a branch office/ liaison office / project office/ subsidiary company by obtaining required permissions from Reserve Bank of India, Registrar of Company & State Police etc.
1. Taxation :
We have a team of Qualified Professionals who will look after all your Direct and Indirect taxation compliances, we will act as a bridge to liase with the taxation authorities on behalf of our client when needed.
1. Manpower Setup :
With our expertise in manpower management, we will look after all your staffing requirements starting from hiring new employees/ transition of old ones to processing their payroll, salary slips etc.
We understand that employees plays a crucial role in an organization success and therefore we are committed to select the right set of candidate who will contribute to your vision.
1. Location for establishment :
We will suggest the best suitable location for your business seeking your requirements.
We try to save every possible penny of our client by suggesting the locations which comes under Tax Havens and Government Incentive Schemes such as Special Economic Zones or Export Promotion councils.
Eminent Professionals will look after all procedural compliances to provide you a hassle free setup.
1. Accounting Services :
We at Eminent Professionals provide a complete range of Book keeping and accounting services on the basis of client’s requirements.
With our team of experienced professionals we design a roadmap of operations and accordingly we suggest a suitable method of accounting.

For more information please visit our Book Keeping and Accounting Services section. (Hyperlink)
1. Other Support services
Registration with RBI, ROC on behalf of foreign entities
Support Services for PAN, TAN, Bank Account Opening, and Permission from state Police, IEC & GST Registration.
Compliance with Registrar of Company (ROC)

Who can Opt?

A foreign company planning to set up business operations in India may:
- Incorporate a company under the Companies Act, 2013, as a Joint Venture or a Wholly Owned Subsidiary.
- Set up a Liaison Office / Representative Office or a Project Office or a Branch Office of the foreign company which can undertake activities permitted under the Foreign Exchange Management (Establishment in India of Branch Office or Other Place of Busin ess) Regulations, 2000.

What we need:

Documents required Other than Subsidiary
- Documents for DSC & DIN
- Certificate of Incorporation / Registration of Foreign Company
- Memorandum of Association (MOA) and Articles of Association (AOA)
- List of Details in respect of Directors/Key Executives
- Details of shareholders of the applicant company
- Net worth certificate attested by Certified Public Accountant (CPA)
- Audited financial statement of the last three preceding years
- Banker’s Report from the applicant’s banker in the host country
- Any Other documents as required.
Documents for Subsidiary
- Affidavit from Subscribers
- Specimen signature, Declaration by professional
- Copy of PAN Card
- Copy of ID proofs
- Copy of Address Proofs
- Affidavit for non-acceptance of deposits
- Directorship/Promoter ship in other companies (if more than 3)
- Copy of License received from Competent Authority.
- Board Resolution of Foreign Company (Body corporate subscriber)
Advance Ruling
What is Advance Ruling?
“Advance Ruling” means a determination or decisionby the Authority in relation to:
- ATransaction which has been undertaken or is proposed to be undertaken by a non-resident applicant; or
- The Tax Liability of a non-resident arising out of a transaction which has been undertaken or is proposed to be undertaken by a resident applicant with such non-resident; or
- The Tax Liability of a resident applicant, arising out of a transaction which has been undertaken or is proposed to be undertaken by such applicant;
and such determination shall include the determination of any question of law or of fact specified in the application;
- In respect of an issue relating to computation of total income which is pending before any income-tax authority or the Appellate Tribunal and such determination or decision shall include the determination or decision of any question of law or of fact relating to such computation of total income specified in the application;
- Whether an arrangement, which is proposed to be undertaken by any person being a resident or a non-resident, is an impermissible avoidance arrangement as referred to in Chapter X-A or not:
- Provided that where an advance ruling has been pronounced, before the date on which the Finance Act, 2003 receives the assent of the President, by the Authority in respect of an application by a resident applicant referred to in sub-clause (ii) of this clause as it stood immediately before such date, such ruling shall be binding on the persons specified in section 245S;