Strong support in recruitment
M+V is very professional in India HR market. They were able to provide us with strong support in our recruitment. We are satisfied with their service.
With the incubation solution from Maier + Vidorno , we successfully placed our products in the Indian market and established valuable product market presence, which we can now build on further with our subsidiary
BIS registration project
The BIS registration project went smooth and efficient. We are very satisfied with the way the documentation, communication and inspection on-site was handled from the Maier+ Vidorno Team. We are happy to recommend working with M+V in India – with the expert’s advice you will need.
India has great investment potential for foreign companies if you manage the highly complex business environment professionally. Our experience shows – Maier+Vidorno is a competent partner to efficiently set up and run business.
Market Presence and Profitability
The cooperation of JUMO and Maier+Vidorno is a success story in India since 2008. Our sales, market presence and profitability in India shows constant growth. M+V knows about the challenges foreign companies face while doing business in India – and provides hands-on solutions.
Business Diagnostic and Implement Improvement
Maier+Vidorno understands business challenges in the Indian business environment and provides solutions with the help of its experts. M+V has experience in running business diagnostics and implement improvement and expansion strategies in various industries in India.
To begin with, before you start a business in India, you want to make sure you choose the right legal form for company formation that fits your goals. On the other hand, it should minimize compliance obligations and taxes.
India has three types of legal form for company formation: the Office structures, the Partnership structures and the Limited structures, all of which have their advantages and limitations.
1. Office structures
All Office structures are small businesses which serve as extensions of the foreign parent company. Because, the foreign parent company has legal responsibility for these three corporate forms for company formation, the Indian tax authorities consider these Offices to be foreign companies.
– Liaison Office
The Central Bank of India defines such an office as “an office that may only undertake liaison activities,” such as obtaining information about the market, encouraging exports to or imports from India, or establishing financial collaborations between the head office and Indian companies. A liaison office may not generate sales in India and therefore, may not produce goods or provide services. Thus, a liaison office is one of the most popular way to enter India among international investors, we explain why here.
– Branch Office
A branch office provides more capabilities than a liaison office. It can conduct commercial transactions such as imports and exports, provide consulting and advisory. Moreover, entities that have been profitable for five years and have a net worth of more than $100,000 can use this route to enter the Indian market.
– Project Office
Project offices are set up to carry out a specific task in India. For example, you and your foreign company win an infrastructure project and open an office to carry out that task (and thus avoid permanent establishment eligibility). The project must be approved by an official authority in India or supported by an international institution such as the World Bank before you can open a project office. As a result, the project’s finance comes from either abroad or from the Indian agency that approved it.
– Limited Liability Partnerships (L.L.P.).
In 2008, a new form of partnership was introduced in India: The Limited liability partnership (L.L.P.). This type of company formation combines aspects of the Partnership and a Private Limited (Pvt. Ltd.). For example, the liability in an L.L.P. is limited. Given the tax advantages of this legal form, the L.L.P. is appealing to small to medium-sized service businesses.
– Joint Venture
A Joint Venture can also be formed by two parties (JV). A JV, is normally formed for a specified period or a specific purpose, and it has a more flexible structure than an L.L.P. because the parameters of a joint venture can vary depending on the partners’ specific needs. The procedures for forming a joint venture can be found here.
– Limited structures
There are two types of limited structures: the Private Limited (Pvt. Ltd.) is the Indian equivalent of the Dutch B.V. and the Public Limited (PLC) is the Indian equivalent of the Dutch N.V. The Pvt. Ltd. is the most commonly chosen corporate form by foreign companies and investors in India. In certain sectors, the formation of a Pvt. Ltd. requires prior approval from the Reserve Bank of India. A PLC is a legal form for listed companies.