The regulations concerning bankruptcy and insolvency in India were recently revised by the local authorities.
The rights and the obligations of the shareholders (who are the founders of the company or the persons who invested shares in the respective business) are prescribed in India by the Companies Act 2013.
The value added tax (VAT) is imposed to all the goods and services traded on the Indian market.
One of the legal manners for starting a company in India is by establishing a liaison office.
The pharmaceutical industry in India is highly developed, having a market size of $27,57 billion (at the level of 2016).
Starting with 2014, the total market value of the publishing industry reached $122 million. In 2018, the market should reach a value of $128 million.
In order to sell tobacco in India, special regulations have to be followed.
India is one of the key players for food products at a global level, ranking as the sixth economy for food and grocery products.
A holding company in India is defined by the Company Law, which states that this business form is registered with the purpose of controlling other companies.
Natural persons who want to register a company in India or to relocate in this country for personal reasons are required to apply for a residence permit.