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.