Settingup Joint Venture with India Company

About us

We are the Group of Professionals compromising Chartered Accountants, Company Secretary and other professional Consultants providing Corporate law services, Company Registration and Incorporation Services in India. Our Team helps Foreign Company or entities to setup there business in India. We are specialise in opening and registering the Wholly owned Subsidiary, Liaison office, Branch office or Joint Venture in India. We can helps the foreign company to setup their Wholly owned subsidiary or any Indian Venture in almost every metro city in India. We have our offices in Noida, Gurgaon, New Delhi, Mumbai.

What is Joint Venture?

A joint venture is a new enterprise owned by two or more participants. It represents a combination of subsets of assets contributed by two (or more) business entities for a specific business purpose and a limited duration. It is essentially a medium to long-term contract which is specific and flexible. Though, the joint venture represents a newly created business enterprise, its participants continue to exist as separate firms. A joint venture can be organized as a partnership firm, a corporation or any other form of business organisation which the participating firms choose to select.

Foreign Companies can set up their operations in India by forging strategic alliances with Indian partners.

Joint Venture may entail the following advantages for a foreign investor:
• Established distribution/ marketing set up of the Indian partner
• Available financial resource of the Indian partners
• Established contacts of the Indian partners which help smoothen the process of setting up of operations
• Participants’ competitive relationship need not be affected by the joint venture arrangement.

A foreign company can invest in an Indian company through a joint venture agreement (or as a wholly owned subsidiary) in the areas which are otherwise not reserved exclusively for the public sector or which are not under the prohibited categories such as real estate, insurance, agriculture and plantation.Foreign investment into India is governed by the Foreign Direct Investment (FDI) policy and the Foreign Exchange Management Act, 1999 (FEMA).

Foreign investments into India, a two tier approval has been provided:-

Automatic Approval Route:– FDI in sectors or activities to the extent permitted under automatic route does not require any prior approval either by Government of India or Reserve Bank of India (RBI). The investors are only required to notify the Regional office concerned of RBI within 30 days of receipt of inward remittances and file the required documents with that office within 30 days of issue of shares to foreign investors.

Foreign Investment Promotion Board (FIPB) Approval Route:– FDI in activities not covered under the automatic approval route requires prior Government approval and are considered by the Foreign Investment Promotion Board (FIPB).The FIPB has been set up in the Ministry of Finance to promote inflows of FDI into the country, as also to provide appropriate institutional arrangements, transparent procedures and guidelines for investment promotion and to consider and approve/recommend proposals for foreign investment.

Approvals of composite proposals involving foreign investment or foreign technical collaboration are also granted on the recommendations of the FIPB. The companies having foreign investment approval through FIPB route do not require any further clearance from RBI for receiving inward remittance and issue of shares to the foreign investors.

The proposals to FIPB shall contain the following information:-

•Whether the applicant has any existing financial or technical collaboration or trade mark agreement in India in the same field for which approval has been sought; and

•If so, details thereof and the justification for proposing the new venture or technical collaboration;

•Applications can also be submitted with Indian Missions abroad who will forward them to the Department of Economic Affairs for further processing;

•Foreign investment proposals received in the Department of Economic Affairs are generally placed before the Foreign Investment Promotion Board (FIPB) within 15 days of receipt.

How we can help in this?
  • 1.Setting up business in India.
  • 2.Provide Assistance in getting documentation submission part.
  • 3.Incorporation of Joint Venture Company.
  • 4.Drafting Joint Venture Agreement.
  • 5.Provide guidance and assistance in regulatory affairs.
  • 6.Taxation consultancy.
  • 7.Assistance on Compliance Part.
  • 8.Arranging Project Finance if required.
  • 9.Provide assistance on any other matter as required after Setup.

Noida(Head office)

C-15, 3rd Floor, Dharampali Palace, Sector 27,

Near Vinayak hospital,

Noida, Uttar Pradesh-201301

Contact us: +91-8447635838,+91-9911797386

Gurgaon office

203/11, Orchid Petal

Sector 49

Gurgaon, Haryana 122018


New Delhi office

RZ-218,Q Ext.,Uttam Vihar,

Uttam Nagar

New Delhi – 110059

Mob: +91-8447635838,+91-9911797386

Mumbai office

B-503, Gaurav Shikhar, Aakash, Thakur Village, Kandivali (E), Mumbai – 400101

Mob:+91-8447635838, +91-9911797386

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    For Appointment / Query Call

    +91 8447635838

    +91 9911797386