Our Delhi-based, full-service, and globally famous law firm of India has been extending expert and efficient legal services to all eligible categories of investors belonging to Germany, for over a decade, for doing business in India by them in various economic sectors. This carefully drafted web-article offers very informative and exclusive information about our wide-range of legal and advisory services for doing business in India by German investors, especially through making FDI in various economic sectors open to FDI under the 'Make in India' campaign of the Indian Government.
For past many years, especially after the launch of highly ambitious campaign 'Make in India' of the Indian Government in September 2014, India has become one of the most secure and profitable investment destinations in the whole world, surpassing even the USA and China (especially in respect of the Greenfield investments), though for time being. The years 2015 and 2016 were hugely fertile to attract massive FDI Inflows into India from investors worldwide, one of these most significant investor countries was Germany. In the financial year 2015-16 the total FDI inflows to India increased by 29% over that in the previous fiscal year (2014-15) and reached to a record US$ 55.4 billion. The FDI from Germany in India during past many years has separately be informed in the section just below. Again, according to official sources, the FDI inflows to India in the fiscal year 2016-17 may grow by over 15% as compared to those in the financial year 2015-16. Besides Germany, other major investor companies during these periods were Singapore, Mauritius, USA, Japan, The Netherlands, etc.
The richest economy in Europe, and a global leader in many industrial and technological sectors, Germany can make FDI into India in a rather wide range of economic sectors, including the sectors of automotive, machinery, electrical & electronic goods and equipments, computer hardware & software, services, chemicals, drugs and pharmaceuticals, rubber, plastics, trading business, etc. The world-famous German Small and Medium Enterprises (SMEs), better known as the Mittlestand model, may invest in many more economic fields of India. To inform and encourage German SMEs for making secure and lucrative FDI in India, the Indian Government has launched the 'Make In India Mittlestand' (MIIM) programme in September 2015.
FDI from Germany in India
Germany has been one among the top ten investing countries in India since 1991, the year of liberalization. During the financial year 2014-15, Germany was the 7th largest investing country in India with investments amounting to US$ 1,125 million (which formed 3.6% of the total FDI inflows into India during the fiscal year), which was 8.4% greater than the investment made by German investors in the financial year 2013-14.
During the fiscal year 2014-15, the Indian economic sectors which received the bulk of the FDI from German investors, were the following --- automotive, services, infrastructural constructions, industrial machineries, and drugs and pharmaceutical products. For these investments by German companies, the most popular investment locations were the States of Maharashtra, Tamil Nadu, New Delhi, Karnataka, and Andhra Pradesh. According to a report by Indian Embassy, the MIIM Programme which was launched in September 2015, gathered Euro 500 million investments in India from German SMEs till September 2016, i.e. during its first year of launching.
New Company Registration or Business Setup in India for German Investors
Our well-informed and veteran lawyers offer masterly and efficient legal services for new company registration or business setup in india for German investors in the desired economic sectors open to FDI. It may be noted that, today a rather wide range of Indian economic sectors are open to FDI through both the automatic and governmental routes. Moreover, the relaxed and investment-friendly FDI policy of India has now made open an unusually large number of economic sectors for FDI up to 74-100%, only through the automatic route.
Our well-seasoned and punctilious professional lawyers offer the complete range of legal services for doing business in India in the desired economic sectors by all categories of the permitted investors. These services range from company registration and business management to business growth and international trade. These services can broadly be classified under the following major categories:- Wise and expert guidance and advice about FDI into India; the most suitable investment/entry structure; the current status and profitability of the interested Indian economic sector; and the most favorable location in India for business setup, considering parameters like cost of the land, available industrial incentives, and easy and cheap availability of manpower or raw materials.
- Compliances under the FDI Policies of Central and relevant State Governments, and with the rules and regulations of RBI, FEMA, SEBI, etc.
- Efficient support for preparation of the following documents --- Digital Signature Certificate (DSC); Director Identification Number (DIN); Memorandum of Association (MOA); Articles of Association (AOA); Permanent Account Number (PAN); Tax Deduction Application Number (TAN); Bank A/C; etc.
- Incorporation of the desired type of investment structure.
- Obtaining mandatory registrations and licenses with the regulatory authorities, such as Tax Department, Excise and Customs, etc.
- And, legal services for all concerned streams of the law, such as the Labor and Employment Law, Corporate Law, Contract and Commercial Laws, Taxation Law, Intellectual Property Laws, Maritime and Admiralty Law, etc.
Interested and ambitious German investors may readily call over: Mobile: +91-81303-00046, 8800-100-284 or Landline: +91-11-2248-1711; or send their relevant queries or mails regarding FDI into India or business setup in its any economic sectors to: companies@GlobalJurix.com.