SVN International Corporation (SVN), a prominent US-based real estate advisory firm, engaged Majmudar & Partners to advise on a complex international master franchise agreement with an Indian franchisee. The firm provided strategic guidance on Indian regulatory and tax implications to ensure compliance and effective implementation of the franchise arrangement.
Facilitating the Transaction
Majmudar & Partners ensured the successful execution of the master franchise agreement by delivering the following legal and regulatory support:
- Structuring the Franchise Agreement: Advised on structuring the franchise arrangement to align with Indian legal and regulatory requirements, ensuring compliance with Indian foreign exchange regulations and other applicable laws. The firm drafted and reviewed the agreement to safeguard the rights and obligations of both parties.
- Tax Advisory and Compliance: Provided comprehensive tax advice, including guidance on withholding tax obligations and GST implications, to ensure that the transaction was tax-efficient for both SVN and the Indian franchisee.
- Regulatory Filings and Approvals: Assisted in filing necessary applications and obtaining approvals from relevant authorities to facilitate cross-border payments and operational licensing under Indian law.
- IP Protection and Brand Strategy: Ensured the protection of SVN ’s intellectual property rights, including trademarks and brand assets, to secure its interests in India.
- Risk Mitigation and Dispute Resolution Mechanisms: Incorporated robust dispute resolution mechanisms and compliance frameworks within the agreement to mitigate risks and address potential conflicts effectively.
The strategic collaboration between SVN and its Indian franchisee highlights the growing importance of India as a key market for global real estate advisory services. With Majmudar & Partners’ expertise, the franchise arrangement was structured to comply with Indian laws and achieve seamless operational integration for SVN in India.
Majmudar & Partners offers expert legal guidance for international franchise agreements and cross-border operations. Contact us to ensure your business expansion in India is structured for compliance and long-term success.