Setting up business in India
Starting a business is both exciting and challenging, however, with so many different ideas and opinions, it can get overwhelming to begin an entrepreneurial journey. How to fill paperwork, how to raise capital and what are the legalities of running a business? Here's your how-to guide to know everything related to starting your own business.
In India, over the years, has been emerging as a preferred destination for foreign investment. The Government of India has been making constant efforts to provide an enabling environment and transparent policy regime so as to ensure that India remains increasingly attractive and investor friendly. Recently, India lowered the corporate tax rates which are now lower than China and most Southeast Asian countries. Besides, India has an added advantage of a young demographic profile comprising a huge skilled workforce and technical talent.
With significant initiatives to strengthen the economic credentials of the country, India is also fast becoming home to start-ups focused on high growth areas such as mobility, e-commerce and other vertical specific solutions - creating new markets and driving innovation across the globe.