Wholly Owned Subsidiary (WOS)

A solid understanding of the fundamentals is imperative for any law firm planning to enter the Indian market successfully. India’s rich cultural diversity and intricate regulatory framework offer both opportunities and challenges. Prior to establishing a presence in the country, law firms must acquaint themselves with India’s legal system, which blends common law principles and statutory provisions. A comprehensive grasp of the Indian Constitution, judiciary, and the roles of various legal authorities is crucial. Moreover, honing expertise in specific practice areas that align with India’s economic and social needs can grant a law firm a competitive edge. Collaborating with experienced local counsel, staying abreast of legal developments, and nurturing relationships within the legal community are essential steps towards achieving a thriving and enduring presence in the dynamic and promising Indian legal market.

Actum Legal