India

India

India is now the world’s tenth largest economy and also one of the fastest growing despite the global slowdown.

India is now the world’s tenth largest economy and also one of the fastest growing.

India has become a major player on the global stage. It is now the world’s tenth largest economy and also one of the fastest growing despite the global slowdown. This success is drawing in huge amounts of new investment. Many multinationals now have a presence in India and Indian companies too are investing abroad.

View our dedicated Expanding into India page.

Given the scale of recent economic growth in India, it has developed into a very important location for expanding Irish companies and multinational companies. There is considerable scope to use Ireland as a platform for investing into India. The attractions of using Ireland include:

  • Competitive cost base – significant competitiveness improvement 
  • English speaking 
  • Young, dynamic and well educated workforce 
  • Common law legal system 
  • Various withholding tax exemptions for interest and dividend payments 
  • Incentives for employees working in Russia

Similarly, Ireland is an ideal location for establishing activities outside of India. In addition to the above, the attraction of using Ireland to expand activities outside of India include:

  • Gateway to Europe
  • Member of the Eurozone 
  • Single Financial Services Regulatory Authority 
  • 12.5% corporation tax rate on trading profits 
  • Attractive investment management regime 
  • Extensive tax treaty network 
  • 37.5% relief for R&D activities 
  • Attractive intellectual property regime 
  • Relief for certain start-up companies 
  • Incentives for employees relocating to Ireland

KPMG range of services

KPMG Ireland has a team focused on investment into and out of India. Together with our colleagues in KPMG India, we provide our clients with complete tax advice on the issues that arise. Our tax services include advising on:

  • Investing in Ireland and India 
  • Financing 
  • VAT and global indirect taxes 
  • Transfer pricing 
  • Personal and corporate tax compliance services 
  • Payroll taxes

Connect with us

 

Request for proposal

 

Submit

Contact us

Expanding into India

KPMG's booklet aims to help you assess many of the key tax issues to bear in mind when ...

 
Read more