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India is the second largest in the world in terms of population and density, therefore it attracts a lot of investor attention.
Despite this, business in India is a tough competition, and Russians who decide to open their own business there may face great disappointments.
Before deciding on such a step, you need to understand the specifics of doing business in India for Russians.
The first thing to pay attention to is the high competition and poverty of the population. The high competition is caused by the high unemployment in this country, and, accordingly, the low paying capacity of the population.
Therefore, this state attracts potential employers. Poverty is due to the fact that the average wage in the country does not exceed $ 100.
It is the focus on these two factors that reflects the peculiarity of doing business in this country. Only those businessmen who have a clear strategy for doing business and have developed a business plan taking into account the realities can survive here. If this is not the case, then it is better not to risk it at all.
It should also be noted that the government encourages various investors and gives them some tax breaks. Therefore, you can open a business in India with a minimum amount of money on hand, which is suitable for Russians who do not have a large amount of financial resources.
Areas of business where you can earn the following:
The rest of the niches require large capital investments, and a clear plan of action.
The taxation system should also be noted. It will be especially interesting for Russians, since the policy of this country is to reduce tax rates and not place a large fiscal burden on businessmen from other countries.
A business visa is required to attend an educational or professional event in another country.
Despite the name, it does not give the right to organize a business, receive commercial income from local residents.
If you want to start your own business in India, a Russian must apply for an investment visa, if he wants to get a job, he must apply for a work visa.
Business visa refers to short-term documents, issued on the basis of an invitation from the local organizer.
A one-time business visa is issued for up to 90 days and cannot be extended.
A business visa valid for 180 days involves crossing the Indian borders twice by any means of transport.
Despite the purely business purpose of the visit, the cost of considering an application also depends on the saturation of the tourist season. Details on the price of registration are listed below.
The invitation form comes in two forms.
The first type of form is a written or printed invitation from an individual or legal entity to a specific educational or profile event.
If you wish to attend the event without a special invitation, a foreigner can attach tickets, coupon or other type of pass to the event.
An electronic application form with a photo is filled out on the official website of the consulate in English. The questionnaire consists of four main pages and several additional ones.
India has long been famous among tourists as a resort country with the opportunity to relax very cheaply, and for a long time. And in view of all the natural and architectural beauties, many unwittingly think about staying in this paradise longer and opening a business in India.
India has a large number of available economic legal zones for business, but a small part of them actually work. Keep in mind that doing business will vary greatly from state to state.
Doing business in Goa and in other states is a huge difference at the legislative level and in terms of approaching the issue in every detail.
Having decided to start a business in India, you will have to act clearly and treacherously, making your way through bureaucratic difficulties, to learn how to get along with Indians. Those who are still going to try their luck in this country need to choose a form, it can be:
There are a number of economic zones in which it is easy to register a business and local authorities contribute to this. But there are also regions in which a number of permits will have to be obtained.
The structure of the Indian economy
Intermediaries, the police, who are not averse to getting baksheesh from a stranger, will also become an obstacle. In which case, you need to remember that even if you are right, the police will always take the side of the Indian in a conflict situation.
The same applies to court proceedings. Even if you have drawn up all the necessary documents and the construction of a hotel or restaurant has already begun.
Indians can file a complaint about illegal development of a plot suitable for agriculture. Land rights can be revoked and development becomes illegal.
India introduced a ban and restriction regime on entry into the country in connection with the coronavirus on March 13, 2020. India has suspended all previously issued visas for Russians, Ukrainians, Belarusians and other foreigners. You can apply for an e-Visa to travel to India.
Statements are now being made that the borders may open in January or February, and Royal Flight has included flights to the resort during the winter in its tentative schedule.
The Government of India has decided to extend tourist visas for travelers who stayed in the country and were unable to fly home until December 31, 2021.
From January 27, 2021, direct flights between Russia and India will resume. Flights will be operated twice a week from Moscow to Delhi. Ordinary tourists cannot fly to India yet. Entry is only allowed for business and work matters. To do this, you need to issue a special business visa in order to obtain permission to enter the country.
We help in obtaining an electronic visa to India and extending a permit during quarantine: +79851235559 WhatsApp/Viber/Telegram (Tamara).
The Indian authorities are not talking about the timing of the opening of borders to tourists in 2021.
The Goa authorities really want tourists from Russia to be able to enter the country in the spring of 2021, as they understand that the economic and financial well-being of the entire state depends very much on this.
Since the beginning of September, the quarantine and coronavirus test in Goa has been canceled for domestic tourists from other states of India, that is, relief has already begun after the pandemic.
Since June 3, 2020, India has allowed some foreigners to enter the country on a business visa, according to the ria website. u.
India is a country of 1.32 billion people in 2017. It is an agrarian-industrial state with a developed industry. It ranks third in the world in terms of GDP and has a fairly well-developed infrastructure. Despite the above facts, there is a high level of unemployment, which leads to the availability of cheap labor. This is attractive to foreign businessmen. But organizing your own business in this country is not so easy. Let's analyze all the necessary data in detail.
Before investing in local companies, you should consider some of the specifics of doing business in India:
All of the above features must be taken into account when setting up your business in India. They present some difficulties for foreigners. But one cannot fail to notice that the government, for its part, promotes the development of entrepreneurship. There have been tax cuts, a softening of trade restrictions and a simplified formulation of the company. But before thinking about organizing a business in a given country, a foreigner must obtain documents allowing him to stay here and conduct business in the country.
To work in a local organization, it is enough to obtain a work visa. But opening your own business here, you should think about obtaining a residence permit. Immigration can take place through a permanent or temporary residence permit.
Obtaining Indian citizenship is almost impossible. This is due to the overpopulation of the country. But such cases do occur. To do this, you must go through the previous 2 stages and live in the country for at least 10 years.
We are considering immigration to India as part of starting a business. To arrive in the country for this purpose and obtain a residence permit, you must contact the Department of Migration Affairs and submit a number of documents:
All documents must be translated or written in English or Hindi. Consideration of the issue of issuing a residence permit takes place within 1 month after the submission of documents. The cost of the procedure will be $ 200-480.
Providing a business plan as a reason for obtaining a residence permit is to start your own business. When obtaining permanent residence, you need to meet a few more conditions:
The average tourist in Kazan is a married man at the age of 30 with a salary of 30 thousand rubles per month