Challenges
ICP was operating in India through a local partner but decided to discontinue this arrangement in order to reduce operational costs and gain greater control over its activities. The objective was to transition to an independent operating model in India, allowing the company to manage its business directly and more efficiently within the country.
Services Provided
- 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
M+V Altios streamlined ICP’s incorporation process in India and provided essential local support services, ensuring the company became fully operational without delays. Through efficient entity setup, ongoing compliance management, and day-to-day administrative support, ICP was able to conduct its business activities in India smoothly, efficiently, and in a cost-effective manner, while maintaining full regulatory compliance.
