Turnkey Establishment of your Indian IT Corporation - take control over your own overseas operations.
ITC assists clients in establishing an entirely new entity in India. By setting up shop for you in India from scratch with trained personnel, we get your operations up and running at overseas prices. To speed up the establishment of a subsidiary or independent company for clients in India, ITC has registered off the shelf shell companies. Overview of establishment process: Apply to Registrar of Companies (ROC) for the name availability of the company to be incorporated for. After receiving the name availability, register your company with the ROC (6 weeks). Apply to STPI (Software Technology Parks of India) for 100% export oriented unit (2 weeks). Apply for Customs Bonded Warehouse Licenses for getting subsidy on imported and indigenous goods (2 weeks). Apply for Import and Export Code Apply for BIN Apply for TAN (Tax Deduction Account Number) Apply for PAN (Permanent Account Number) Registration of company with Professional Tax Dept Registration of the Company with Provident Fund Department. Foreign investment and RBI related issues (4-6 weeks)
Selection of office premises Offices are available immediately at prime locations as well as standard locations. Office sizes range from 20 up to 300 seats. They can be rented empty or completely equipped, including hardware and Internet connection. Selection of infrastructure ITC has partnered with office equipment dealers at its offshore locations. The local government provides tax exemption schemes for customer that wish to import infrastructure equipment from abroad. Selection of human resources The selection of management personnel, and IT professionals is performed with ITC's successfully implemented interview process. ITC's in-house database contains over 60,000 profiles of IT professionals. In addition, ITC partner with human resource agencies that can be utilized to augment its database for qualified candidates.
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