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Starting Business in India

A Business enterprise is an economic institution engaged in the production and/or distribution of goods and services in order to earn profits and acquire wealth.

The scope of a business is very wide. It includes a large number of activities which may be classified into two broad categories i.e. Industry and Commerce. Production of goods is the domain of 'Industry' and distribution comes under 'Commerce'. Every entrepreneur aims at starting a business and building it into a successful enterprise.

The term 'entrepreneur' means to undertake and pursue opportunities and to fulfill needs and wants of people through innovation. He/she innovates and combines resources in the form of men, materials and money and brings them together to make the business venture profitable.

Once the plan to start a business is finalize, GAC offers best solutions to the challenges for setting it up in India.

Branch Office Registration Services

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Branch Office Registration Services
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Approx. Rs 1,000 / UnitGet Latest Price

Service Details:
Company LocationPan India
Type Of CompanyBranch Office
Professional Experience11 years
Number Of EmployeesNo Limit
Type Of OwnershipBranch of Foreign Company

Branch Office Registration Services is the most sought of services by businesses throughout the world & most particularly from UAE.

Our Branch Office Registration Services includes end to end solutions from obtaining registration from Ministry of Corporate Affairs to obtaining approval from Reserve Bank of India

The foreign companies that are engaged in manufacturing and trading activities are allowed to set up their branch office in India with the approval of Reserve Bank of India.

  • The activities of Branch Office and the Parent Company should be same.
  • For setting up the Branch Offices, the permission is granted by Foreign Exchange Department, Reserve Bank of India.
  • While considering the Application for a Project Office, the track record of the applicant, existing trade relations with India and financial position of the company is checked by the RBI.

For branch office registration in India, our team of well qualified and experienced professionals render the best quality services for timely & economical set up.

Liaison Office or Representative Office is the office that acts as a channel of communication between the head office of the foreign company and the parties in India. Any foreign company can open a representative office in India.

  • Name of the Liaison Office and the Parent company should be same.
  • Reserve Bank of India (RBI) is the governing body for the license of the Liaison Office.
  • Liaison office with the Indian clients is best for the foreign companies looking to set up a temporary office in India.
  • Liaison office is the extension of an existing company in foreign country, so it doesnt have any ownership.
  • The expenses of Liaison office are handled by the head office i.e. the funds are received from the account of Head Office.
  • The license of the Liaison office is renewed after every 3 years as it is given for 3 years only.

All the services needed for the representative office registration are provided by GAC experts. 

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Foreign Company Registration Services

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Foreign Company Registration Services
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Approx. Rs 1,000 / UnitGet Latest Price

Service Details:
Number Of EmployeesAny
Mode Of ServiceOnline & Offline
Type Of Registration FileE-Filing
CustomizationCustomized
Type Of OwnershipLimited Liability Company
Type Of ServiceNew company registration

GAC offers Foreign Company Registration Services to those Foreign entities who wish to register their businesses in India.

A Foreign Company is a company which is incorporated as such and has a place of business in India. As per various laws & bilateral agreements, foreign companies are subjected to various compliances under Income Tax, GST, FEMA & RBI Guidelines.

Our service basket includes:-

  • Formation of Wholly Owned Subsidiary
  • ·         Setting up of Branch Office
  • ·         Setting up of Liaison Office
  • ·         Consultancy on Foreign Direct Investment
  • ·         Consultancy on FEMA matters
  • ·         Consultancy on issue and valuation of shares & business
  • ·         Consultancy on taxation matters

 

  • Accounting & payroll services & many more

 

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One Person Company Registration Services

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One Person Company Registration Services
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Approx. Rs 1,000 / UnitGet Latest Price

Service Details:
Company LocationPan India
Professional Experience5 years
Type Of IndustryAll
Type Of Registration FileE-Filing
Type Of OwnershipLimited Liability Company
Type Of ServiceNew company registration

GAC offers One Person Company Registration Services to entrepreneurs who wish to have most formal type of business entity but want to keep full control of the same without anyone's intervention. The concept of One Person Company in India was introduced through the Companies Act, 2013 to support entrepreneurs who on their own are capable of starting a venture by allowing them to create a single person economic entity. One of the biggest advantages of a One Person Company (OPC) is that there can be only one member in a OPC, while a minimum of two members are required for incorporating and maintaining a Private Limited Company or a Limited Liability Partnership (LLP). Similar to a Company, a One Person Company is a separate legal entity from its promoter, offering limited liability protection to its sole shareholder, while having continuity of business and being easy to incorporate.

One Person Company Registration Services are needed by Start Ups & Small businesses.

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Wholly Owned Subsidiary Registration Services

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Wholly Owned Subsidiary Registration Services
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Approx. Rs 10,000 / ProjectGet Latest Price

Service Details:
Service TypeOnline & Offline
Project Duration10-15 days
Requirement FrequencyOne Time
Company LocationPan India
Mode Of ServiceOffline & Online
Type Of Registration FileE-Filing
Company RegistrationYes
Type Of OwnershipCompany

We render Wholly Owned Subsidiary Registration Services to clients from across the globe.

A subsidiary is a company with voting stock that is more than 50% controlled by another company, usually referred to as the parent company or the holding company. A subsidiary is partly or completely owned by the parent company, which holds a controlling interest in the subsidiary company.

 

Wholly-owned subsidiaries are fully owned by the parent company i.e. 100% of the subsidiary’s shares. 100% control over the subsidiary’s shares allows the Parent Company to appoint the subsidiary’s board of directors, which controls the subsidiary. Wholly owned subsidiaries may be part of the same industry as the parent company or part of an entirely different industry. A company operating in more than one country may choose to operate a business through a wholly owned subsidiary.

 

A Subsidiary company can be incorporated either by acquiring majority of the shares (more than 50%) of the company or by controlling the composition of board of directors of the company. Both holding and subsidiary companies are separate legal entities and they are related to each other by virtue of subsidiary –holding company relationship.

 
Over the years we have rendered Wholly Owned Subsidiary Registration Services to clients from USA, Canada, major Asian & European Countries.

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Importer Exporter Code Service

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Importer Exporter Code Service
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Approx. Rs 1,000 / UnitGet Latest Price

Service Details:
Type Of Servicesimport export
Services IncludeIEC code registration
Import / Export LocationAnywhere in India
Dateanytime
Location/CityPan India
LocationIndia
Mode Of ServiceOnline
Duration1-7 Days

Importer Exporter Code Service is one of the core area of expertise of GAC Team. We are rendering Importer Exporter Code Services for more than a decade.

Import Export (IE) Code is a registration required for persons importing or exporting goods and services from India. IE Code is issued by the Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industries, Government of India. IE Codes when issued can be used by the entity throughout its existence and doesn't require any renewal or filing. Therefore, it is recommended for most organizations to obtain IE Code, irrespective of if they need it at the moment.

IE Code application must be made to the Directorate General of Foreign Trade along with the necessary supporting documents. Once, the application is submitted, DGFT will issue the IE Code for the entity in 5 - 7 working days or less.

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Liquor Licensing Services

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Liquor Licensing Services
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Approx. Rs 10,000 / UnitGet Latest Price

Service Details:
Type Of IndustryCommercial
Target LocationState
Service Location/CityDelhi,Odisha,Maharashtra and Jharkhand
Type Of Service ProviderAny
Location/CityOdisha, Maharashtra, Jharkhand, Delhi
Service ChargesDepends upon type of registration
IndustryAlcoholic Preparations

GAC Team renders Liquor Licensing Services for liquor to be used for Medicinal Purposes as well as for consumption.

India consumes more than a fifth of alcohol produced in the world. Since India’s economic liberalization, the market for IMFL and imported liquors is growing fast. The liquor industry is growing at a very fast pace in India. Economic affluence, urbanization, changing lifestyles and social mores are all persuading young people to take to drinking.

 

The alcohol law in India differs from state to state as the Indian Constitution has empowered the states to levy taxes on alcoholic products for human consumption.

 

GAC team offers its services to the companies want to start the liquor business in India from the very first step of Due Diligence to help setting up company to obtaining necessary approvals from the concerned State Governments.

Beer Business is growing at a very fast pace in India. Economic affluence, urbanization, changing lifestyles and social mores are all persuading young people to take to drinking.

 

The alcohol law in India differs from state to state as the Indian Constitution has empowered the states to levy taxes on alcoholic products for human consumption.

 

GAC team offers its services to the companies want to start the beer business in India from the very first step of Due Diligence to help setting up company to obtaining necessary approvals from the concerned State Governments. 

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Gupta Ankit & Co. Chartered Accountants
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