Shareholding Structure for a Subsidiary of Foreign Company in India
/ Shareholding Structure for a Subsidiary of Foreign Company in India The shareholding pattern at the time of incorporation of a company typically outlines the distribution of shares among the initial equity shareholders or founding members of the company. The shareholding pattern indicates the percentage of shares held by each shareholder or group of shareholders. […]
Mandatory Compliance for Protective and Geotextile Products in India
/ New BIS Circulars: Mandatory Compliance for Protective and Geotextile Products in India As the textile industry in India continues to evolve, ensuring the safety and quality of products has become paramount. To further enhance consumer protection and standardize manufacturing practices, the Bureau of Indian Standards (BIS) has issued new circulars specifically targeting protective and […]
What are the risks of having a Permanent Establishment in India and how can you avoid them?
/ What are the risks of having a Permanent Establishment in India and how can you avoid them? According to Article 5 of Double Taxation Avoidance Agreement (DTAA) and the concepts underpinning Permanent Establishment in India, any profits of an enterprise of one Contracting State are taxable in the other state, only if the enterprise […]