Success Story

Maier Vidorno Altios supports FLEXcon in their market entry in India

Flexcon Success STory - Maier Vidorno Altios
Flexcon Success STory - Maier Vidorno Altios

USA

Headquarter

$650mn+

Turnover

Plastics Manufacturing

Sector

Enter and expand in India market

Challenge

Key Points

Expand in India with ease

M+V Altios played a crucial role in establishing FLEXcon India, managing our incorporation, regulatory compliance, and ongoing operations - making our India market entry smooth and reliable.

Aimee Peacock

CEO at Flexcon Globalโ€‹

Challenges

Entering the Indian market without an existing local presence posed significant challenges, particularly in understanding and navigating the local business environment. This was further compounded by the need to manage subsidiary incorporation while ensuring full compliance with Indian regulatory and statutory requirements. In addition, careful planning and execution were required to ensure share capitalization was structured in strict accordance with Reserve Bank of India (RBI) regulations.

Services Provided

  • Incorporated FLEXcon India Private Limited
  • Completed initial statutory and regulatory registrations
  • Managed share capitalization and RBI compliance
  • Provided ongoing management and administrative support

Delivered Value

FLEXcon successfully established its Indian entity in August 2015, marking a smooth and fully compliant entry into the Indian market. With the right structures and processes in place from the outset, the company was able to begin operations without disruption. Ongoing and reliable operational support has since ensured stable, efficient, and compliant long-term operations in India.

Tips and Best Practices

1) Plan a structured market entry strategy to ensure a smooth setup process.
2) Ensure compliance with incorporation and RBI regulations for seamless business operations.
3) Leverage expert advisory services to navigate legal and administrative requirements.
4) Establish clear financial and capital structures to support sustainable growth.
5) Invest in ongoing administrative support to streamline operations and focus on core business activities.
6) Adapt strategies based on market dynamics for long-term success in India.

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