Legal Dost

All successful entrepreneurs need services of legal advisors/ consultants for their business, as they guide  business in  right legal direction, offer right advice on laws applicable to business, enable management to focus on growing the business instead of getting bogged down by legal issues, and bring on table business friendly legal solutions. Bringing the right legal consultant on board is  very important, and when it comes to legal matters one should aim to associate with professional offering good quality of work rather than those offering work at low cost.  One should hire a sound professional legal consultant as brings along many advantages some of which, are listed below- The legal consultant can advise on the right type of company organization depending upon business and operational requirements. They provide custom corporate compliance services as per the type of company (LLP, private limited, one person, etc.). T hey can prepare employment, service agreem

Foreign companies can establish their business presence in India by setting up a wholly owned Indian Subsidiary. Indian Subsidiary is the local entity of foreign company for doing business in India.  Indian Subsidiary is incorporated as a wholly owned subsidiary of parent foreign company.. The parent foreign company holds 100% shareholding in the Indian Subsidiary. Remittance received by Indian Subsidiary from foreign company is subject to Foreign Direct Investment (FDI) guidelines issued by the Government of India.   Incorporating a private limited company is a preferred choice for setting up an Indian subsidiary. Various global foreign companies operate in India through their Indian Subsidiaries, which in turn are fully owned by the foreign companies .  To setup an Indian Subsidiary following are some of the requirements: • At least 2 members are required • Minimum paid up capital required is Rs. 1 lakh • Minimum 2 directors are required, of which 1 must be an India