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INDIA

With a population of more than one billion and still growing, India offers companies a large, built-in and dynamic potential market to explore. India’s economy has revolutionized to a new level. It is fastest growing economies with fast growing consumer base. Nowadays, India is highly supporting the new startups. It has eased down the process and brought in many liberal policies for the startups. The country is classified as newly industrialized country.  The huge natural resources, cheap and skilled labour, long coastline and large land resources are attracting many big multinational companies to venture in India.

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Agriculture, textiles and steel industry are the main industries of India. The main area for growth and opportunity is the Internet. E-commerce, help desking, multimedia, software development is growing fast.

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India has emerged as the fastest growing major economy in the world as per the Central Statistics Organization (CSO) and International Monetary Fund (IMF) and it is expected to be one of the top three economic powers of the world over the next 10-15 years, backed by its strong democracy and partnerships. India’s GDP increased 7.1 per cent in 2016-17 and is expected to reach a growth rate of 7 per cent by September 2018

IMPORTANT FEATURES:

  • Foreign direct investment of up to 100 per cent into a private limited company or limited company no longer requires the Central Government’s intervention. This reduces the overall cost of setting up a business in India.

  • The cost of the basic amenities required for businesses is lower in India, whether it is investing in infrastructure, labour, food, transportation, Internet, or even taxes. 

  • Huge customer base for the goods/services produced.

  • Government policies have boost the business-friendly environment.

  • Foreign companies can readily raise equity capital in India and many foreign companies have subsidiaries traded on Indian stock exchanges.

  • India has labor force of nearly 530 million, of which the majority is under 30 years of age.

  • India’s talent is a tremendous asset. You will readily find people who speak English

  • India is well endowed with mineral and agricultural resources

  • Company name can be English

REQUIREMENTS:

Corporate Structure requirements in Hong Kong, please click here.

COST:

Please click here for the fees structure related to Hong Kong Incorporated Companies.

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