Author: Nikita B

A UK company founder or director doesn’t have to move to India to run a company there. With the use of online banking, digital documents, video meetings, and the MCA’s system for filing documents over the internet, a lot of the required management and compliance activities can be done in the UK.

That said, management from the UK does not mean an Indian company can completely disregard the laws of India. The Company Act, tax laws, employment rules, accounting requirements, and other regulations still apply to the Company.

For directors in the UK managing an Indian company, the most important thing to have is the right supporting structure, proper local support, and ensuring that all the statutory obligations are met on time.

Continue reading “How UK Directors Can Manage an Indian Company Remotely”

For a UK founder, the opportunity to enter India can provide access to a large customer base, talent, and competitive costs to operate a business. However, just because a founder enters a new country to do business doesn’t mean that they need to build every part of their business in that country all at once.

One good way to think about this is if you are a UK startup, outsourcing certain functions of the business, while still ensuring you sync your business decisions, your IP, and your strategy from the UK.

Locally outsourcing in India can help you manage the country better and reduce the operating pressures on your business.

Continue reading “UK Startup Expanding to India: What Should You Outsource Locally?”

Now that India is a prime target for businesses outside of the UK, several factors will give your company the edge. India boasts a large consumer population, an expanding digital economy, and more developed business sectors, all of which mean that your company will have plenty of opportunities for rapid growth.

A UK company expanding to India will have to do much more than some market analysis and prep for funding. These companies need to select a legal structure, understand the process for Foreign Direct Investment (FDI), go through the formalities to incorporate the business, and deal with taxes, employment, foreign currency transactions, and ongoing corporate compliance.

This checklist highlights the main points a UK company should consider before starting business activities in India.

Continue reading “UK Company Expanding to India: Legal and Compliance Checklist “