DELHI, India - Dec. 3, 2022 - PRLog -- EzyBiz India Consulting LLP is excited to announce that it has successfully assisted a Taiwan based company in new subsidiary company registration in India.
A Taiwan based company desirous of subsidiary company registration has approached EzyBiz India Consulting LLP in November 2022 and has now successfully incorporated its subsidiary company in India.
The subsidiary company has been incorporated in the state of Tamil Nadu and would be engaged in the business of manufacturing and trading of footwear in India. For the same, the subsidiary company is in the process of setting up factory in the state of Tamil Nadu.
The cost of project is around USD 5 Million and EzyBiz India Consulting LLP has been providing complete handholding right from subsidiary company registration to bank account opening to conducting feasibility study, land acquisition, coordinating with architecture and contractors for factory construction, getting all licenses and approvals from government authorities both before and after the construction of factory building. Therefore, this is sort of turnkey project for the foreign company in India.
Post company incorporation and factory set up, EzyBiz India would also assist in all the regulatory and tax filing, accounting, payroll etc.
Over the years, India has attracted many foreign companies for business set up in India and bringing foreign direct investment in India. This has become possible due to the fact that India has made tremendous growth and development in the field of Information Technology, Ecommerce, Automobiles, Pharmaceuticals, Engineering and Construction, manufacturing and retail trading. Further, it is a huge market with highest middle class consumer base with good purchasing power. Also, the government policies have been to attract foreign investment in India. With stable democratic regime, increasing GDP, highest skilled and unskilled workers and second largest English population youth, India is an emerging economic super power due to which more and more foreign companies are setting up their businesses in India.
Out of many options available for entity registration in India, subsidiary company registration is one of the most popular and widely used entity registration options by foreign companies since it allows the flexibility of using the brand name of the parent entity as well as one of the most tax efficient entity structure.
Over the years, EzyBiz India consulting LLP has provided complete handholding to foreign companies desirous of setting up business in India as well as setting up manufacturing unit in India. With a professional team of Chartered Accountants, Company Secretaries, lawyers, Chartered Engineers, Investment bankers and overall experience of more than 20 years in areas of India entry service, Regulatory, Transaction Advisory, Taxation, Accounting and Private equity funding, This was their 100th Subsidiary company registration in India and many more to follow.
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