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Solution for Subsidiary Incorporation and Management
Case Summary: ICP
Challenge
- Termination of existing partnership with Indian partner and setting up of their own subsidiary in India
Services Provided
- Subsidiary incorporation and directorship services
- Back-office administration and managerial support
- Payroll management
- Statutory, tax, and secretarial compliance advisory services
Delivered Value
- Streamlined incorporation process and provided support services to enable ICP to be fully operational and pursue its activities in India in a fast, simple, efficient, and cost-effective manner
About the Client
ICP is a global marketing operations consulting and services company headquartered in London, helping brand owners and their partners achieve better marketing outcomes.The company 8 offices worldwide and has more than 250+employees. Creative operations provides the foundation to orchestrate the production and flow of assets and data across agencies, internal teams and technologies to deliver outcomes in advertising effectiveness, speed to market and efficiency.
Project Details
The company wanted to terminated their existing partnership in India which was with a local partner in order to reduce cost and operate independently in the country.
M+V Altios assisted ICP in subsidiary incorporation and management of the legal entity in India, while also providing directorship services.
We assisted with annual statutory, tax, and secretarial compliance for the company, in addition to providing accounting, tax planning, and advisory services. ICP also availed our HR services to manage the payroll of their employees in India.
Delivered Value
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M+V Altios streamlined the incorporation process and provided local basic services to enable ICP to be fully operational and pursue its activities in India in a simple, efficient and, cost-effective manner.