Insights
A Project Office (“PO”) refers to a place of business that is established in India to represent the interests of a foreign company executing a project. Such offices are prohibited from carrying on any activity other than those which relates to the execution of the project for which such office is established
A Special Purpose Vehicle (“SPV") is a separate legal entity formed by an organization with its business and legal status, assets, and liabilities. They are generally designed with a specific goal in mind often to mitigate the financial risk. SPV is often used in structured finance transactions including securitizations, joint ventures, and real estate transactions. The main feature of an SPV is that it has a separate balance sheet from the parent business. SPV is protected from the parent company's insolvency and are permitted to function lawfully on designated assets. The SPV activities are restricted to funding and acquiring the project or real estate asset. SPV can raise capital by issuing shares. It offers flexibility to create multiple types of shares for effective control. Moreover, holding property through an SPV means that the property and the related contracts can be sold through an isolated vehicle avoiding the complexities of extensive contracts, licensing, Government approval, Complicated contract negotiations, and most importantly tax benefits.
India, with its status as one of the world’s largest consumer markets and a thriving global economy, is a highly attractive destination for companies worldwide looking to invest and establish business operations. As a rapidly developing economy, India presents an appealin
A Special Purpose Vehicle (“SPV”), also known as a Special Purpose Entity (“SPE”), is a legally distinct entity established to fulfill a specific purpose. These entities are widely used in sectors such as finance, infrastructure, and real estate due to their ability to isolate financial risk and achieve specific
A Special Purpose Vehicle (“SPV”) is a distinct legal entity established by an organization for a particular activity or business goal. It has independent assets and liabilities and is a separate subsidiary business. It functions separately from the parent company.
Expanding into a new market can be an exciting yet complex venture. Setting up a Liaison Office is a popular and effective way to establish a presence without the complexities of direct commercial operations. This blog explores how foreign companies can set up Liaison Offices in India
Goods and Services Tax (“GST”) is a tax system in India that replaced many indirect taxes such as Value Added Tax, excise tax and service tax Introduced in India on 1 July 2017 to make the tax process simpler and more efficient, GST applies to sales of goods and services and will be collected at every step of
In today’s globalized economy, intellectual property (“IP”) is one of the most valuable assets a start-up can possess. Since trade does not have a boundary, so should not IPs. Whether it is a unique product design, a brand logo, an invention, or a confidential business process, protecting IP is crucial
