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.
GST stands for Goods & Services Tax. GST is a value added tax (VAT) on goods and services and will be levied at all points in the supply chain. It is one of the most significant reforms under the Modi Government.
GST came into effect from July 1st, 2017, and was implemented to:
GST brought more transparency and simplified the current tax system in India. However, it required a lot of work to implement, at national level, in each state, and in each individual company. Eventually, it will harmonize Centre and State tax administrations.
Taxes subsumed under GST:
Central levies State levies
Taxes that are not under GST:
Import taxes, such as the Basic Customs Duty, as well as the Research & Development Cess for Technology Imports (under discussion), Stamp Duty and Taxes on specific products and services, such as tobacco, electricity or alcoholic beverages, will remain. Additionally, the necessity of Road Permits for interstate movement of goods is still under discussions.
M+V Financial Experts manage Accounting & Taxation of many foreign companies in different industries in India. We have also successfully integrated their systems to be GST ready.
Have you implemented GST successfully in India? If not, let our experts help you.