With no strict bylaws against property related frauds and no legal authorities to control illegal constructions, it has become difficult to believe the credentials of landowners. It has become the toughest task, indeed, for the foreign investors to do business in India. It is impossible to recognize a cheat by the face; therefore, it is better to take measurable steps while planning the biggest investment of your life. No one can pay for all the hard work and sacrifices that an individual makes to save some funds. Therefore, it is suggestible for those sitting abroad to hire a liaisoning consultant from a reputed consultant firm to initiate the processes.
Liaisoning consultants are a blessing in disguise. They are experienced and skilled professionals with complete knowledge about laws and regulations with reference to opening a business in India. First of all, they do research and analysis to find out the best site for your type of business. They make sure that site is free from all legal encumbrances and perform due diligence of ownership before the purchase. They ensure to acquire business commencement approvals and related registrations. Once the site is finalised, there is long listing of licenses, certificates, approvals, and no-objection certificates associated with the different types of land and business. Foreign investors need separate excise registrations and clearances based on FDI policy. Without acquiring these mandatory licenses, it is not possible to do business in India.
A business needs large scale planning and budgeting. Although, you would have done a prior analysis for all, but recommendations from a liaisoning consultant would be an additional benefit for all your hard work. As liaisoning consultants are more conscious about the sensitive documents and reduce chances of malpractices by being extra cautious.
The liaisoning professionals have associates/links in various departments and authorities. They have wide information about the circulation of the documents that takes place and is mandatory for the initiation of the business. Liaisoning consultants cannot only help the local people to invest in the native land but can open a wide range of opportunities for the people in the foreign land. They can guide them in the best possible manner in establishing a business.
Buying is a fraught affair and no legalities related to land/business acquisition can be ignored. A business needs some indispensable licenses from health, environment, fire, signage, municipal corporation etc. Apart from these, there would be some licenses depending on the nature of the business. For example, an eating-house would need license for food safety, health trade, playing music and liquor.
These formalities are mostly related to the business. Liaisoning consultants can assist you with the whole project management from layout planning, designing, costing, budgeting, and appointing contractors/architects/interior designers. It is only possible to give you an idea about the possibilities of the services, a liaisoning consultant can offer. The best judgment would come only after a personal conversation with liaisoning consultant.
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Want to do business in India? Hire a liaisoning consultant t