Establishing your presence in Whitefield requires a strategic approach. We offer end-to-end legal support for large corporations and foreign companies.
- Entry Strategy (Subsidiary vs. Branch Office): We help foreign companies choose the optimal entry structure. A wholly-owned subsidiary offers liability protection and operational freedom, while a branch or liaison office is suitable for limited activities. We manage the entire setup process.
- SEZ, STPI, and EOU Registration: Whitefield is a hub for export-oriented businesses. We provide expert guidance on registering as a Special Economic Zone (SEZ) unit, under the Software Technology Parks of India (STPI) scheme, or as an Export-Oriented Unit (EOU) to avail significant tax benefits and incentives.
- FDI and FEMA Compliance: We ensure that all foreign direct investment (FDI) is compliant with the regulations set by the Reserve Bank of India (RBI) and the Foreign Exchange Management Act (FEMA), including all reporting requirements.
- High-Value Commercial Leases: Securing office space in tech parks like ITPB involves complex lease agreements. Our legal team conducts thorough due diligence and negotiation to protect your interests.
For established companies, ongoing compliance is critical. We offer specialized services to manage complex regulatory requirements.
- Corporate Governance Framework: We assist in implementing robust corporate governance policies as per the Companies Act, 2013, and SEBI regulations (for listed entities), ensuring transparency and accountability.
- International Taxation and Transfer Pricing: Our tax experts provide advisory on international tax treaties and ensure your transfer pricing policies are compliant with Indian and global standards to avoid disputes.
- Data Protection and Privacy: With the new Digital Personal Data Protection Act, we help you implement compliant data handling processes, crucial for tech and R&D companies.
- Immigration and Expatriate Management: We manage the entire lifecycle of employment visas, residency permits, and FRRO compliance for your foreign employees and their families.
Our strong relationships with key regulatory bodies ensure efficient and seamless interactions for your business.
- SEZ and STPI Authorities: We act as your liaison with the Development Commissioner of the SEZ and the Director of STPI for all approvals, reporting, and ongoing compliance.
- Large Taxpayer Unit (LTU), Bengaluru: For companies with significant tax liabilities, we manage all interactions and filings with the LTU to ensure streamlined tax compliance.
- Karnataka State Pollution Control Board (KSPCB): For R&D labs and manufacturing units, we facilitate obtaining necessary environmental clearances and consents to operate.
- Regional Labour Commissioner: We represent your company in all matters related to high-level labor law compliance, inspections, and dispute resolution.
Beyond standard startup benefits, the government offers several incentives for large-scale and high-tech investments that are ideal for companies in Whitefield.
- Export Promotion Capital Goods (EPCG) Scheme: This scheme allows you to import capital goods for production at zero customs duty, subject to export obligations. We help you leverage this to reduce your capital expenditure.
- Modified Special Incentive Package Scheme (M-SIPS): For electronics manufacturers, this scheme provides capital subsidies and other benefits for setting up or expanding operations in India.
- PLI Schemes: We help companies in sectors like IT hardware, pharmaceuticals, and automotive components apply for Production-Linked Incentive (PLI) schemes, which offer significant financial rewards based on sales growth.
- Customs Bonding: We assist in setting up customs bonded warehouses, which allows you to store imported goods without paying customs duty until they are cleared for home consumption or re-exported.