Regulatory Compliance Checklist to Setup GCC in India-
Setting up a GCC in India requires adherence to several regulatory steps. Key items include registering a legal entity, complying with Foreign Direct Investment (FDI) policies, obtaining PAN, TAN, and GST numbers, and aligning with labor laws. Data protection, intellectual property rights, and sector-specific regulations must also be addressed. Approvals from the Ministry of Corporate Affairs and, in some cases, the Reserve Bank of India ar... moreRegulatory Compliance Checklist to Setup GCC in India-
Setting up a GCC in India requires adherence to several regulatory steps. Key items include registering a legal entity, complying with Foreign Direct Investment (FDI) policies, obtaining PAN, TAN, and GST numbers, and aligning with labor laws. Data protection, intellectual property rights, and sector-specific regulations must also be addressed. Approvals from the Ministry of Corporate Affairs and, in some cases, the Reserve Bank of India are essential. This compliance checklist ensures that the setup process aligns with Indian legal frameworks, enabling smooth and lawful operation of Global Capability Centers.
