An Introduction to Doing Business in India 2020, the latest publication for Dezan Shira & Associates is out now and available for download through the Asia Briefing publication store.
With an aim to attract foreign investment in India, the government has introduced several measures to improve the country’s business climate. This includes reduction in corporate tax, liberalizing more sectors for FDI, and streamlining the process to start a business in India, to name a few.
The consistent roll-out of reforms and simplification of bureaucratic processing has helped India feature in the list of the top 10 countries showing the most improvement on ease of doing business, for the third time in a row, in the Doing Business 2020 Report published by the World Bank.
India has introduced multiple tax incentives and preferential policies to benefit foreign businesses, especially in case of manufacturing and production. These incentives as well as low labor cost, low setting up cost compared to other countries, and India’s eagerness to be a part of the global supply chain solidifies the country’s position as a viable investment destination for foreign investors.
This publication, designed to introduce the fundamentals of investing in India, was compiled by the experts at Dezan Shira & Associates, a specialist foreign direct investment practice, providing corporate establishment, business intelligence, tax advisory and compliance, accounting, payroll, due diligence, and ﬁnancial review services to multinationals investing in emerging Asia.
An Introduction to Doing Business in India 2020 covers the following:
- Corporate establishment;
- Navigating FDI in India
- Taxation and audit in India; and
- Human resources and payroll.