Establishing a Foreign Business _Preview

I ndia B riefing · Issue 43 · December 2019 2 2 Introduction ROHIT KAPUR Managing Director Dezan Shira & Associates New Delhi Office India intends to become a US$5 trillion economy by 2024.To achieve this goal, the government has announced several reforms, such as the reduction in corporate tax, bringing India at par with major global economies on the taxation front. The government has also promised that it will continue to take measures to improve India’s business climate. Meanwhile, India’s FDI inflows have continued to thrive. With more sectors being liberalized, it is expected that India will continue to be an attractive destination for foreign businesses. The country has also made it easier to start a business, streamlined the construction and building permit process, andmade it simpler to resolve insolvency and to trade across borders. This is indicative of the country’s potential for growth as an investment hub. In this issue of India Briefing, we analyze current the investment climate and FDI reforms in India. We then focus on the various entity structures available for foreign companies who want to establish their presence in India. Lastly, we answer some frequently asked questions on this topic. If you and your company want to learn more about investment options in India or need assistance with setting up your business operations in the country, please get in touch with Dezan Shira & Associates. With kind regards, Rohit Kapur Credits Publisher / Alberto Vettoretti Managing Editor / Adam Pitman Editor / Melissa Cyrill Contributors / Nishtha Yadav, Sahil Aggarwal Design / Ha Ngoc Anh Thu, Nhat Do Reference India Briefing and related titles are produced by Asia Briefing Ltd., a wholly owned subsidiary of Dezan Shira Group. Content is provided by Dezan Shira & Associates. No liability may be accepted for any of the contents of this publication. Readers are strongly advised to seek professional advice when actively looking to implement suggestions made within this publication. For queries regarding the content of this magazine, please contact: editor@asiabriefing.com All materials and contents © 2019 Asia Briefing Ltd. Asia Briefing Ltd. Unit 507, 5/F, Chinachem Golden Plaza, 77 Mody Road, Tsim Sha Tsui East Kowloon, Hong Kong. www.asiabriefing.com www.dezshira.com www.aseanbriefing.com www.india-briefing.com www.vietnam-briefing.com www.silkroadbriefing.com www.china-briefing.com www.russia-briefing.com

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