Empaxis Data Management, Inc. (Empaxis), a US-based provider of middle- and back-office services for investment management firms, sought to establish a significant operational presence in India to enhance its global service delivery. Majmudar & Partners provided comprehensive legal guidance to facilitate this strategic expansion.

Facilitating the Transaction

Majmudar & Partners played a pivotal role in Empaxis’s successful entry into the Indian market by advising on:

• Entity Structuring and Incorporation: Advised on the optimal legal structure for Empaxis’ Indian operations, leading to the incorporation of Empaxis Data Management India Private Limited.
• Regulatory Compliance: Ensured adherence to the Foreign Exchange Management Act, 1999, its underlying regulations and other pertinent regulations governing foreign direct investment in India.
•  Tax Advisory: Provided insights into the tax implications of establishing a wholly-owned subsidiary, including in respect of corporate taxation and transfer pricing considerations.
• Employment Law Guidance: Assisted in formulating employment contracts and policies compliant with Indian labor laws to facilitate local hiring.
• Operational Expansion Support: Facilitated the establishment of additional offices, including a new facility in Kolkata announced in January 2021, to support Empaxis’ growing client base.

Empaxis’ strategic entry into India reflects its commitment to scaling its global operations by leveraging India’s talent pool and business ecosystem. With Majmudar & Partners’ comprehensive legal guidance, Empaxis successfully established a robust foundation for its Indian operations, ensuring compliance and readiness for future growth.

Majmudar & Partners specializes in helping global companies navigate India’s regulatory landscape for market entry, corporate structuring, and compliance. Contact us to discuss how we can support your business expansion in India with customized and strategic legal solutions.