India remains a top choice for multinational corporations looking to establish Global Capability Centers (GCCs) for various strategic functions, with over 1600 thriving GCCs in the country. Setting up a GCC in India can offer significant benefits like cost efficiency and access to skilled talent. Here’s what we offer at SB Incorporeal.
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Strategic Planning:
- Define Business Objectives: Determine the goals and functions (e.g., IT, R&D, customer service) of the GCC.
- Location Selection: Evaluate key cities like Bengaluru, Hyderabad, Pune, Chennai, and Gurugram based on talent availability, infrastructure, and cost.
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Regulatory and Legal Compliance:
- Entity Setup: Assist in choosing the legal entity type and registering with the Ministry of Corporate Affairs.
- Licenses and Permits: Obtain necessary registrations like GST, Shops and Establishment Act, and local permits.
- Labor Laws: Ensure compliance with Indian labor laws regarding employee rights and benefits.
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Infrastructure and Facilities:
- Office Space: Help lease or purchase office space in suitable locations.
- Technology Infrastructure: Set up robust IT infrastructure with high-speed internet and secure networks.
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Training and Development:
- Implement training programs to align employees with global standards.
Team up with our consultants for expert guidance throughout the process.