Advised PT Central Proteinaprima TBK (CP Prima) on its entry into India and with establishing operations in India

PT Central Proteinaprima TBK (CP Prima), Indonesia’s largest integrated aquaculture company, sought legal counsel from Majmudar & Partners to develop a comprehensive strategy for entering the Indian market. The firm provided end-to-end legal and strategic advice for CP Prima’s Indian operations, covering entity formation, regulatory compliance, and potential acquisitions.

Facilitating the Transaction

Majmudar & Partners key contributions included:

  • Strategic Guidance on Market Entry: Provided detailed advice on CP Prima’s market entry strategy, including on the establishment of a liaison office to test the waters in India before expanding operations.
  • Setting Up a Liaison Office: Assisted CP Prima in obtaining approvals from the Reserve Bank of India and other relevant authorities to establish a liaison office in India, ensuring compliance with regulatory requirements.
  • Establishing a Wholly Owned Subsidiary: Guided CP Prima through the incorporation process for its wholly owned subsidiary in India, providing assistance in drafting and filing necessary incorporation documents and navigating foreign direct investment norms.
  • Legal and Regulatory Compliance: Conducted a detailed review of India’s legal framework applicable to the aquaculture sector, including environmental, operational, and tax laws, to ensure CP Prima’s operations adhered to local compliance standards.
  • Drafting and Reviewing Agreements: Drafted and finalized key agreements for vendor relationships, lease contracts, and other commercial arrangements crucial to CP Prima’s operational readiness in India.

CP Prima’s strategic entry into India is a part of its plan to become a global leader in aquaculture. The partnership with Majmudar & Partners ensured a seamless and compliant market entry, equipping CP Prima to establish a robust presence in India’s growing aquaculture industry.

Majmudar & Partners has extensive experience assisting foreign companies in navigating India’s regulatory landscape for market entry, acquisitions, and corporate structuring. Contact us today to learn how we can support your business expansion into India.

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