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Indian Economy is globally open and almost all the
sectors are open for investments in India (as per celing limits / FDI caps).
Indian Economy is at boom with a GDP of
8%. Sensex has also crossed 20,000 points and there is a lot of potential in various
sectors in India especially in the sector of Infrastructure.
Unfortunately, even though a huge number of measures have been taken by the Government
to ensure that the paper work and procedures are limited, the procedures stiill
remains a Herculean task, sometime even "repelling" the foreign investors who is
scared of the system and complications. Infact His Excellency
Mr. Yasukuni Enoki, Ambassodor of Japan to India has said in one of the
conference jointly organised by Bhartiya Society and ASC, that "Indian Legal System
is very complex and therefore to invest in India we should appoint lawyers first
then the engineers."
His Excellency Mr. Fransico Da Camara Santra Clara Gomes, Ambassdor of European
Union to India also appreciated Mr. Alok Sinha for developing the concept of Single Window Service for Foreign investors.
Hence ASC, aims to provide Single Window Service, where we assist the investors
and help them from the primitive stage to the stage of running a smooth organisation.
The broad services provide by ASC to foreign investors are:-
- Advice / sector specific
report covering various legal aspects RBI / FEMA Regulations, information
about Ministries / Department of Government involved, Geographical location, Government
incentives, State Government Incentives and other relevant points.
- Registration
of Company / Creating Special Purpose Vehicle in India
- Advice, support and assistance in finding a suitable
Match Making / Joint Venture Partner, screening
and evaluation, due diligence.
- Advice on diverting
money in to subsidiary / branch / liasion office.
- Taxation advise
for saving taxes and clarification about Double Avoidance Treaty, if applicable
etc.
- Representation to Government
of India, preparation of governmental documents, if applicable.
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