International Business Setup
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Overview
Welcome to our legal services page dedicated to assisting businesses with international setup and expansion. Establishing a presence in international markets offers lucrative opportunities for growth, but navigating the legal requirements can be complex. Our experienced team specializes in guiding businesses through the process of international business setup, ensuring compliance with local regulations and maximizing opportunities for success. Whether you’re a startup looking to expand globally or an established company seeking to enter new markets, we’re here to provide comprehensive legal support tailored to your needs.
Procedure
Initial Consultation
Market Research
Entity Formation
Compliance and Licensing
Contract Drafting and Negotiation
Trademark and Intellectual Property Protection
Ongoing Legal Support
Required Documents
- Business Plan: A comprehensive business plan outlining your objectives, market analysis, financial projections, and strategy for international expansion.
- Proof of Identity: Valid passports or identification documents for all directors, shareholders, and key personnel involved in the business.
- Articles of Incorporation: Legal documents detailing the formation of the international entity, including its name, registered address, share structure, and governing laws.
- Memorandum of Understanding (MOU) or Joint Venture Agreement: If establishing a partnership or joint venture, a legally binding agreement outlining the terms, responsibilities, and rights of each party involved.
- Power of Attorney: Authorizing individuals to act on behalf of the company for specific legal matters, such as signing contracts or representing the company in regulatory proceedings.
- Bank Reference Letters: Letters of reference from financial institutions confirming the company's financial standing and creditworthiness.
- Tax Registration Documents: Registration forms and certificates for tax identification numbers (TINs) or value-added tax (VAT) registration in the respective jurisdictions.
- Local Licenses and Permits: Any licenses or permits required for specific business activities, such as import/export licenses, operating permits, or industry-specific certifications.
- Trademark Registration: Proof of trademark registration or application for trademark protection in relevant jurisdictions to safeguard intellectual property rights.
- Compliance Certificates: Certificates demonstrating compliance with local regulations, such as labor laws, environmental regulations, or industry standards.
- Shareholder Agreements: If applicable, agreements outlining the rights, obligations, and relationships among shareholders of the international entity.
Vakkta Assurance
Fixed Quotes
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Dedicated Case Manager
A personally-assigned Case Manager for timely updates of your case proceedings
100% Confidentiality
Your personal details are kept absolutely confidential
Payment Structure
- You are required to pay 100% of the fee amount upfront
Frequently Asked Questions
International expansion can provide access to new markets, diversify revenue streams, increase brand visibility, and leverage economies of scale. It also allows businesses to tap into talent pools, resources, and technologies that may not be available domestically.
Considerations include market size and growth potential, regulatory environment, political stability, infrastructure, cultural differences, labor costs, tax implications, and competitive landscape. Conducting thorough market research and seeking expert advice can help you make informed decisions.
The process typically involves market research, entity formation, compliance with local regulations, obtaining necessary licenses and permits, drafting contracts, protecting intellectual property rights, and ongoing legal support for operations.
Registration under the GST Act is required if the aggregate annual turnover exceeds Rs. 20,00,000/- (Rupees Twenty Lakhs). However, the threshold for registration is Rs. 10,00,000/- (Rupees Ten Lakhs) in case the place of business is situated in Arunachal Pradesh, Assam, Himachal Pradesh, Jammu & Kashmir, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim, Tripura, or Uttarakhand.
Further, regardless of the turnover, GST registration is mandatory in the following cases:
- If the person/ business makes Inter-State Supplies
- If the person/ businesssupplies goods through an E-commerce portal
- If the person/ business is:
- Service Provider
- Agent for Registered Principal
- Liable to Pay Reverse Charge
- Non-resident Taxable Person
- Casual Taxable Person
- Input Service Distributor
- TDS/TCS Deductor
- E-commerce Operator
- An online data access and retrieval service provider
Registration under the GST Act is required if the aggregate annual turnover exceeds Rs. 20,00,000/- (Rupees Twenty Lakhs). However, the threshold for registration is Rs. 10,00,000/- (Rupees Ten Lakhs) in case the place of business is situated in Arunachal Pradesh, Assam, Himachal Pradesh, Jammu & Kashmir, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim, Tripura, or Uttarakhand.
Further, regardless of the turnover, GST registration is mandatory in the following cases:
- If the person/ business makes Inter-State Supplies
- If the person/ businesssupplies goods through an E-commerce portal
- If the person/ business is:
- Service Provider
- Agent for Registered Principal
- Liable to Pay Reverse Charge
- Non-resident Taxable Person
- Casual Taxable Person
- Input Service Distributor
- TDS/TCS Deductor
- E-commerce Operator
- An online data access and retrieval service provider
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