India is considered as one of the most rewarding countries worldwide by the foreign investors to found a sound and profitable business.

India, today, is a fast emergent economy with momentous growth prospects. India has it all, the requisite resources, a vast young population, English speaking residents, hard-working populace, both labour and executive class manpower, relatively reasonable services and a regime working on the way to implementing business-friendly lawsluring foreign investors to capitalize in India.

Although India offers it all for any business to prosper here in its booming economy, setting up a business in India is another story and requires lot many approvals, extensive paperwork, numerous registrations and certificationswhich require in-depth know-how, perfect planning and well-timed & seamless implementation.

The process of setting up a business in India can be broadly categorised into three steps:

1. Approval for investment
2. Incorporation of a company or Branch/Liaison office
3. Registration with the authorities

With the government easing out on foreign investments, the approval process is required but for only a few business industries and is otherwise more or less mechanized. Depending upon the type of business the approval is sought from The Reserve Bank of India or Foreign Investment Promotion Board.

Incorporation of a Limited Liability Company requires registration with The Registrar of Companies (ROC) under the Companies Act and involves a series of steps like the approval of the name of the company, registration for DIN et al and formulation of Memorandum of Association (MOA) etc.

Post-incorporation a business needs to be registered with various departments and authorities like Income Tax department, PAN, TAN, GSTN etc.

To cover all these requirements and to provide a jump-startto a business,Incorporation Services come to the fore and take on all the preliminary documentation, seek out allthe requisite approvals, get done the needed registrations and obtain the required certifications, lifting the business to a functional and serviceable position.

However, not all incorporation services are alike and one must exercise extra caution and care while selecting one. One must not only verify the Incorporation services’ experience and consider its reviews but also confirm if they cover the exact services needed by you. To meet your business’s incorporation requirements effectively, the incorporation services you employ should be able to offer you personalized services and give your business a stimulus to plant a firm foothold in the industry.

Once the business is established it is advisable to employ Management Consultant Services and Legal Advisory Services for smooth functioning and seamless operations.

MDG India is one of the premier Incorporation and Implementation Services providers in India, that offer impeccable and custom-tailored services to meet your business’s precise requirements.

Contact our experts today and allow us to assist you through the process of setting up business in India.