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Many overseas companies have a preference to own an operation in India. Setting up a,
offshore wholly owned
subsidiary gives a corporation better control and direct management of the offshore
setup. An offshore subsidiary also ensures that the company's processes are being followed. Usually if a process is central to a company’s business or the information being processed is highly sensitive, an
offshore subsidiary is the best course to choose. Such a structure also allows the company to maximize offshore cost savings.
The
Interactive World Subsidiary Setup Methodology
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Clearances:
Statutory Clearances are required for the
Subsidiary to start off at a firm footing. |
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Offshore
Setup:
Sourcing of real estate, deploying telecom
and technology systems. Issuing vendor
contracts. Getting work started towards launch. |
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Recruitment:
Getting the core team on board. Ensuring the
right kind of mix is available to ensure project
success. Defining the organizational structure. |
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Transition:
Transition projects, hire and train
resources and keeping a keen eye on the
progress. |
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Accelerate
Production:
Hire and train additional resources and
keeping a keen eye on the post pilot metrics. |
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Measure:
Defining critical reports, deliverable on a
periodic basis. Creating a hawk eye mechanism to
ensure success on a long term
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At Interactive World, we have the established financial, operating, strategic and India local skills required
to steer you through the planning and execution of establishing a wholly owned subsidiary. We work with
you to build your strategy, get statutory clearances, choose a location, assist with operational setup,
recruit local talent, and help with workload and process transfer.
Our objective is to make your Indian operation a winning strategy for you. Our
partners, each of whom
has hands-on experience with assisting companies setup an operation in India, make it their business to
fully understand your company and its culture.
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