How to Manage Foreign Exchange Controls for International Businesses in India?
2024-10-15Read some of our blogs
In our previous blog on doing business in India, we delved into the kinds of entities that foreigners can legally operate in; in this blog, we will be browsing insights into FEMA., which is one of the key legislation for businesses involved in international trade. So, before entering the Indian market, you need to know the ropes of foreign exchange regulations if you aim to sustain for longer on Indian business land. The Foreign
As companies venture into international markets, they encounter numerous risks and challenges. As a matter of fact, some issues don’t stem from neglect but from a lack of awareness, posing a substantial challenge for companies in the global corporate arena. In these situations, corporate or legal advice for international businesses is a significant asset for businesses, regardless of whether they are in their infancy or expanding. Additionally, among the many hurdles to overcome for foreign comp
For substantial reasons, the growth of the corporate sector in India is becoming evident through the continuous expansion of the corporate base. India is positioned as the world's fifth-largest economy and is predicted to become third by 2030. This creates enormous opportunities for doing business in India, for its citizens, and for those who engage constructively with it. Indian corporate sector offers immense opportunities for foreign investors with its dynamic market and prevailing opportunit
As one famous saying goes, Competition brings out the best in products and the worst in people. While this quote, to some extent, stands out as a reflection of human behaviour with respect to their urge to stay ahead in the constantly competing and evolving economy, it impliedly dictates standards of fairness and equity in sustaining a vibrant marketplace with dignity. Nevertheless, in the attempt to connect the dots between maintaining fairness in the competition and preserving intellectual
The designation of an Authorized Signatory within a corporate framework stands as a cornerstone in the edifice of corporate governance. Occupying a pivotal position, the Authorized Signatory acts as the emissary of both personal and corporate interests, wielding the power to affix signatures that bear the weight of the entity. It is imperative, therefore, for an organization to establish a comprehensive Authority Policy, delineating a precise framework of regulations, terms, and stipulations. Th
Embarking on a business venture in any country requires a keen understanding of its socio-economic landscape. The United Kingdom (UK) is no exception, presenting a unique blend of opportunities and challenges for aspiring entrepreneurs and established enterprises alike.
A company set-up anywhere in the world entails maintenance in form of periodic compliance and reporting/ filing with the respective statutory authorities. Similarly, a company limited by shares incorporated in the United Kingdom (UK) has to periodically do necessary compliance and complete filings with the statutory authorities like the Companies House and/ or the His Majesty’s Revenue and Customs (HMRC).
Explore the pivotal role of Finance and Accounting Services in driving business growth and development. Learn how these essential functions empower businesses to make strategic decisions, manage resources efficiently, and achieve long-term success.
Protection of minority shareholders rights plays very crucial role under Sections 241-246 of the Companies Act, 2013. These provisions ensure that the supremacy of the majority is not abused through oppression of the minority and mismanagement of the company.
Section 185 of the Companies Act, 2013 (“the Act”) speaks about Direct or Indirect Loan or Advances to Directors by Company.