As an emerging market, India is one of the biggest and fastest growing economies in the world today. According to a report, India is cited as having the potential to become the third largest economy in the world within the next 30 years, behind only China and the USA. The “Make in India” campaign coupled with other initiatives taken by the Ruling Government, like “Skill India”, “Digital India”, etc., has stirred huge interest among various domestic and overseas stake holders (predominately, the startups!).

With the kind of growth story India has to share, entering the Indian market
will prove to be very promising and beneficial for budding entrepreneurs and startup companies in the coming years.Having said that, conducting business in India would require keen ability to understand some complex and some not so complex realities associated to this country (bearing in mind the evolving policies of the Government, amendments to the existing statues and new laws enacted in the recent times).Our endeavor in this article is to broadly highlight one such facet of realities concerning the statutory, regulatory compliances, and the possible precautionary measures that the entry-level players should keep in mind while doing business in India, with more focus on the requirements under the Companies Act, 2013 (New Companies Act) and then on some other key legislations.
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Now, if you're wondering about doing business in India, compliance requirements can be complex, but we're here to help you navigate them. Feel free to reach out for expert guidance on establishing and running your business in this diverse and dynamic market. Your success in India starts with the right knowledge and support.