Introduction The Annual Performance Report (APR) is a key compliance requirement for Indian entities that have invested in overseas joint ventures (JVs) and wholly owned subsidiaries (WOSs). This report must be submitted to the Reserve Bank of India (RBI) via an Authorized Dealer (AD) Bank under the Foreign Exchange Management Act (FEMA), 1999. Failure to […]
In today’s globalized economy, US startups are increasingly looking beyond domestic borders to fulfill their operational needs. One of the key areas where outsourcing has become prevalent is accounting. Among the various destinations, India has emerged as a preferred choice for many US startups. This article explores the reasons why the Indian market is best […]
The Foreign Liabilities and Assets (FLA) Return is an essential compliance requirement under the Foreign Exchange Management Act (FEMA), 1999, for all entities in India that have received Foreign Direct Investment (FDI) or made Overseas Direct Investment (ODI). It helps the Reserve Bank of India (RBI) maintain records of foreign investments and liabilities, ensuring that […]
Why Invest in the UAE? Strategic Location The United Arab Emirates (UAE) is strategically located at the crossroads of Europe, Asia, and Africa, making it an ideal gateway for businesses seeking to access markets across these regions. Its position as a global hub for trade and commerce is unmatched, providing unparalleled connectivity through world-class ports […]
Setting up a company in a Dubai Free Zone and an International Financial Services Centre (IFSC) in India offer distinct advantages and cater to different business needs. Here’s a detailed comparison: 1. Location and Market Access: – Dubai Free Zone: Located strategically between Europe, Asia, and Africa, Dubai offers access to a vast market spanning […]
The winds of change are sweeping through India’s financial landscape, and GIFT City stands tall at the epicenter. From direct listings on international exchanges to expanding tax benefits, the Indian government is actively building a global financial and IT hub within its borders. Here are some of the recent changes in GIFT City relevant to […]
While both Special Economic Zones (SEZs) and the International Financial Services Centre (IFSC) reside within GIFT City, they cater to distinct business needs and operate under different frameworks. Here’s a detailed breakdown of the key differences to guide your decision: 1. Business Activities: SEZ: Companies in the GIFT City SEZ can engage in a broader […]
GIFT City, located in Gandhinagar, Gujarat, India, is a planned international financial services centre (IFSC) and multi-services special economic zone (SEZ) designed to become a global financial and IT hub. It offers a number of opportunities for businesses looking to expand their operations or enter the Indian market. Here are some of the key benefits […]
