Doing business in: India
Produced in partnership with Shweta Gupta and Sidharrth Shankar of J. Sagar Associates

The following Commercial practice note produced in partnership with Shweta Gupta and Sidharrth Shankar of J. Sagar Associates provides comprehensive and up to date legal information covering:

  • Doing business in: India
  • Introduction
  • The business environment
  • Establishing a presence
  • Branch office
  • Project office
  • Liaison office
  • Financing a company
  • Issue of shares
  • Issue of debentures
  • More...

Doing business in: India

Updated in July 2021

Introduction

The business environment

Establishing a presence

Financing a company

Opening a bank account

Utilising office space

Immigration controls

Key employment laws

Contracting with third parties

Taxation overview

Regulatory compliance

Protecting key assets and employees

Useful links

Introduction

India is one of the fastest growing economies in the world and with the rapid modernisation, it is expected to be one of the economic powers in the world over the next few decades. The Indian economy has been impacted severely due to the coronavirus (COVID-19) pandemic. Despite this, in the financial year 2020–21, the foreign direct investment (FDI) inflows in India stood at US$ 81.72bn, an increase of 10% from the previous financial year.

The country has seen a sharp increase in the number of unicorns and is the fourth largest unicorn base in the world with over 21 unicorns. This number is only expected to grow in the coming years with the focus shifting to digitisation. The coronavirus pandemic has accelerated the digital push and the move to online in the country. With digital transformation, new opportunities have been created for technology start-ups. As per the Nasscom–Zinnov Report, the cross border trade restrictions in 2020 have accelerated the peer-to-peer collaborations and public-private partnerships, leading to fast and effective knowledge transmission. In fact, as per the survey, 66% of tech start-up founders are exploring partnerships post-COVID-19.

This guide is intended to provide a broad legal

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