Legalities in India
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An initial tentative question. My son is a leather worker. He is in Croatia at the moment and has allied himself with other leather makers. He is talking about setting up a business but I don't think he has the expertise to do this nor am I sure that he needs to. Some of the things he makes would sell for far more in the UK. Some products, like leather, who could get cheaper in the UK than Croatia
Total Posts: 1 Last post by dronesclub
Could you please, provide the following information regarding the company registration in Austria:- Registration prices- Apostilled set of documents- Annual services (reporting and audit)- Dimension of nominal capital- What taxes must the client pay?- What kind of docs do the client need to provide (notarized docs + translation)- Does the client need to visit the country?
Total Posts: 14 Last post by sonyabogdan1
Business isn't as easy in some countries as it is here in the UK. You need to be aware of the cultural and legal implications of your business operations in India, because you could face heavy punishment for transgressing.
It is therefore important to acclimatise yourself with the law in India. There will be many legalities that you will have to adhere to, and you may even find that some laws you are familiar with here in the UK are no longer applicable. Likewise, you may find some new laws which strike you as strange or even oppressive.
Some of the areas to investigate when setting up a business in India:
The body of laws, administrative rulings, and precedents which oversees the legal rights of, and restrictions on, employees and their organisations. This will include things such as minimum wage in India, holiday and maternity entitlement, ergonomics, trade unions, disability, etc.
The body of laws which oversee business and commercial activity in India. It may encompass such areas as principal and agent; freight and shipping; guarantee; marine, fire, life and accident insurance; bills of exchange and partnership; contracts; food and health regulations; safety laws; privacy rights; copyrights; trademarks; etc.
Civil / Common Law
The body of law that oversees society in India. It is invariably culture specific. It is important to familiarise yourself with these laws, especially as you will be adopting a new environment and culture.
Organisations that can assist with Legalities
If you are looking to start or expand your business in the UK, India or Poland, no need to look any further. EFT International has been helping entrepreneurs in understanding these markets, setting up operations and taking care of their tax and finance needs.
Marketing Research and Marketing Consulting Firm, specialising in Market Entry Studies, Product Development Studies, Brand Evaluation Studies and Customer Satisfaction Studies
Legal help setting up or expanding you company overseas. Company structure, company law,property law