Elementis Plc, a UK-based specialty chemicals company, sought to expand its global footprint by establishing a wholly owned subsidiary in India and operating a technical services laboratory in Mumbai. Majmudar & Partners provided comprehensive legal assistance to facilitate this strategic expansion.

Facilitating the Transaction

Majmudar & Partners ensured a seamless establishment and operation by:

• Entity Incorporation: Advised on the optimal legal structure for the Indian subsidiary, ensuring compliance with the Companies Act, 2013, and other relevant regulations.
• Regulatory Compliance: Guided Elementis Plc through the foreign direct investment norms in India, ensuring adherence to the Foreign Exchange Management Act, 1999 and obtaining necessary approvals from the Reserve Bank of India.
• Tax Advisory: Provided insights into the tax implications of establishing a subsidiary, including corporate taxation, transfer pricing, and benefits under the India-UK Double Taxation Avoidance Agreement.
• Operational Licensing: Assisted in obtaining requisite licenses and permits for operating a technical services laboratory in Mumbai, ensuring compliance with local laws and environmental regulations.
• Employment Law Guidance: Advised on employment contracts and labor law compliances, facilitating the recruitment of skilled personnel for the laboratory.

Elementis Plc’s successful establishment of its Indian subsidiary and technical services laboratory in Mumbai marked a significant milestone in its global expansion strategy. Majmudar & Partners’ expert legal guidance ensured that the operations were set up in compliance with Indian laws, providing a solid foundation for Elementis Plc to service its clients in the region effectively.

Majmudar & Partners specializes in assisting international companies with market entry strategies, regulatory compliance, and operational setup in India. Contact us today to learn how we can support your business expansion into the Indian market with tailored legal solutions.