The ‘Special Valuation Branch’ (SVB, for short) is a branch of Indian Customs which monitors, verifies and confirms the international transfer pricing in between two related parties. Of which one entity (party) is in India and the other one who is the supplier of goods, is situated overseas. Special Valuation [...]
In July we “onboarded” a new client entirely online. Using Microsoft Teams, our IT/ERP staff in Gurugram took a new Chennai-based National Sales Manager (NSM) through the ERP system. With this in mind, we integrated their back-office platform for trading & accounting step-by-step. ERP systems have a smaller core of critical business process [...]
In July - in the middle of daily Corona figures - we found a new National Sales Manager (NSM) for an international technical coated textiles company. The client needed someone who knew how to sell their type of products, understood the Indian market and was internationally experienced. We found the [...]
Closing a company should be as simple as possible so that you can move on quickly. In India, it has become less complicated in the last few years, but you still must know what you are doing. COMPLIANCES NEEDS TO BE DONE BEFORE INITIATING CLOSURE OF Liaison Office Before initiating [...]
On July 10th, Maharashtra went into another strict lockdown. Not only is Mumbai hit, but also India's largest port, Nhava Sheva - and all warehouses in Bhiwandi will be non-operational for the next 30 days. Maier+Vidorno has now started importing customers' materials to other locations (mainly Delhi and Bangalore). M+V is the [...]
