We assist clients settled abroad in creation of limited liability partnership (LLP) and limited liability private companies to initiate and continue business in India.
Creation of a separate legal entity separates your personal assets and personal liabilities from the assets and liabilities of the new business entity. So if the new business entity in any losses, it does not become loss of personal assets. Further, a separate legal entity has a separate incidents of tax and several tax benefits are available to corporate entities and not individuals doing business. For a long run business which will expand in future creation of limited liability partnership company or limited liability partnership is often advised.
We suggest individuals – Non-Resident Indians (NRI) and Persons of Indian Origin (PIO) – on the choice of legal entity and on drafting of contracts and applications required for the formation of separate legal entities.
Apart from these, we assist our foreign clients in creation of joint ventures, partnerships, non-profit organizations (aka non-governmental organizations (NGO). We also draft and file all the documentation which is required for the creation of new business as per state and central laws in India, local regulations and bylaws et cetera. We also perform name searches and make the businesses compliant by getting them proper licensing and permissions.
We also help businesses in mergers and acquisitions, protection of trade secrets drafting leases and employment contracts, resolution of contractual disputes with others in India and abroad.