Starting a business in India

Where to start

When starting a business in India, India’s great thinker Rabindranath Tagore might be your inspiration: “You can’t cross the sea merely by standing and staring at the water.” A powerful statement that could not be further from the truth. Fortunately, DBi offers you the support you need when it comes to crossing that sea to the beautiful country of India, a country that has a huge potential and is full of opportunities.

Being one of the most diverse countries in the world geographically, India offers several business entries. Mumbai is known to be the financial capital, but also the region of Delhi is a powerful business environment. If you prefer doing business in the south, the area around Chennai is a great choice. A major advantage is that wherever you plan to operate, practically every person speaks English.

Register your business

On January 16, 2016, the Indian Prime Minister of, Shri Narendra Modi announced a new initiative called “Start-Up India” This initiative is designed to guide entrepreneurship by creating a system that is conducive for young entrepreneurs, but also for experienced businesses. It serves as a backbone for taking important steps, such as designing a businessplan, contacting banks, financial advisors and tax advisors. Start-Up India is an easy-to-use platform that can be downloaded as an app for all smartphone devices. Some important keypoints of the new system in India are:

  • Single window clearance
  • 10,000 Core funds
  • 80% reduction in patent registration fee
  • 90-day exit window
  • Exemption from capital gain tax
  • Tax exemption on profits for 3 years
  • Reduction in red tape
  • New compliance system (self-check)
  • Protection of IPR (Intellectual Property Rights)

For more detailed information, click the doing-business-in-india-guide for 2016.

DBi India

Whatever the legal issue, wherever you are, and whenever you need us, DBI professionals are always ready to respond. With a vast network of attorneys and advisors practicing across the globe,we have the skills and knowledge to assist with all your business needs. While valuing the perspective and insight of our clients, we assist the right way to set-up your business operations in India or in other countries effectively and efficiently.

Looking for local expertise to start doing business in India? By understanding our client’s specific business objectives and goals, we assist you to expand their business on a global basis. Our DBI advisors can guide you thoroughly through the complexities of Indian laws and relevant business issues.

Explore more about us and our professionals. You are just one step away from starting your business in India.

Post a comment

Your email address will not be published. Required fields are marked *