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NEW BUSINESS DEVELOPMENT:
At NVS MACS, we guide and assist our clients to convert their visions and ideas into reality through our extensive management and legal expertise. We carefully discuss business expectations of trade relations in India and assist clients in traversing the conceptual and procedural requirements of developing or expanding business in India.
INCORPORATION
Entry: NVS MACS understands that all companies, Indian or international, require guidance and support through the incorporation process in India, where most companies are deterred by unfamiliar procedures and regulations.
At NVS MACS, we discuss and analyze the business requirements of our clients, such as their goals and objectives behind setting up business in India, and accordingly advice them on the various options available. We also provide suitable solutions that enable our clients to develop business between India and other countries and ensure that they undergo a smooth transition into their new business by understanding individual needs to establish a base in India.
Documentation and Compliance Management: NVS MACS helps companies adhere to Indian and international trade laws by providing the necessary guidance at all stages of business development. Our legal consultants provide specific assistance and advice throughout the regulatory and compliance process, including obtaining RBI and FIPB approvals and other statutory procedures, and prepare Memorandum of Association, Articles of Association and all other documentation required throughout the incorporation process.
BUSINESS ANALYSIS AND PLANNING
Corporate and Financial Planning: Right from business financing to developing business through corporate financial planning and business plan development, we help you create and develop policies and processes when you set up business in India. Our consultants assist in identifying your vision, goals, values, core competencies and objectives and help to align them with your tasks, strategy and resources to establish a solid, yet flexible foundation for your business. Our consultants also help you plan for all contingencies and help select appropriate insurance schemes for your business.
Corporate Governance: Apart from assessing your business environment, we guide and assist you with your corporate governance by putting together a management team with the right skills to run your business through effective recruitment and training.
Employee Relations: We provide timely interventions, such as alternate dispute resolution mechanisms and other aspects of industrial relations to create and maintain a healthy work environment in your organization. Our human resource and legal consultants help you protect and preserve your intellectual capital within your organization.
INFRASTRUCTURE SUPPORT
NVS MACS helps companies with their infrastructural support to help develop their business during set up:
Property acquisition and management:
Identification and Assessment: At NVS MACS, we carefully understand the requirements of each of our clients and assist in identifying relevant Special Economic Zones (SEZs) or property in areas that are most conducive to our clients’ business requirements. We also assist you through the legalities of property purchases by preparing legal covenants and registering the same with statutory authorities, as the need may be.
Leasing and Licensing: We guide you towards appropriate leasing and licensing activities in terms of land, vehicles, industrial space and machinery and formulate contracts at every stage of the asset acquisition and management process. Our insurance consultants guide and advise clients on appropriate schemes to insure against any unforeseeable property and construction-related risks that may eventually be a hindrance to your operations.
Administration
At NVS MACS, we recognize the need to streamline and optimize processes for better communication within organizations and assist with the intricacies of setting up basic administrative support for small and mid-sized offices.
Organization and Management: Our consultants carefully inspect and analyze the specific requirements of each client and help them develop appropriate business solutions depending on the size of the company, the business objective, strategy and the nature of business. Our insurance experts provide the necessary advice to protect both the tangible and intangible information technology assets to prevent any mishap that might otherwise arise during the course of business. We understand the need to protect the integrity and reputation of your business and assist in adopting adequate security measures to create a trusted work environment.
Human Resources
Our professionals at NVS MACS are dedicated towards providing effective talent management solutions to ensure that core business operations are run by competent people. We work in tandem with our clients’ human resource department to devise appropriate methods to harness the best potential from their employees.
Training: The trainers at NVS MACS possess diverse experience in various areas of management and work in close coordination with our clients to gather information on their individual training needs and design programs specifically for their purpose. Our support does not end with the training program itself but helps employees apply their learning to their jobs and asses and evaluate the extent of application.
Job-Related Planning: We carefully understand the objectives, mission and strategy of each client and assist companies prepare job descriptions and related competencies for each position. We support our clients in their efforts to develop knowledge management mechanisms for new and existing employees and assist them with succession planning, mentoring and coaching initiatives.
Legal Aspects: At NVS MACS, we provide comprehensive services in drafting and preparing documents such as employee contracts and manuals, conditions of service, manuals for various classes of employees, HR policy manuals, employee appointment letters, NDAs (non-disclosure agreements) and many others. Through efficient and functional documentation we are committed to minimizing risk in your business and customize our services based on your specific policies and values. We also advice our clients on employee benefits such as pensions, provident funds and gratuity and provide necessary insurance advice at appropriate stages as well.
AUDITING
NVS MACS assists new business to conduct a range of quarterly, half-yearly or annual audits within their organizations and also assists them with their company secretarial activities. We have qualified company secretaries who help our clients’ businesses comply with procedural requirements as per Indian law.
Our auditors diligently help companies arrive at objectively evaluated record of financials processes and procedures and work with our clients to arrive at methods to improve their Return on Investment (ROI). We help our clients devise transparent systems that will emphasize their credibility and help uphold their reputation. Our auditors are well conversant with the Indian legal and tax systems and assist our clients to perform external and internal audits to ensure statutory compliance.
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Most businesses today believe in fast and inorganic growth through mergers, acquisitions and joint ventures. A few reasons for such operations are:
• Exponential growth
• Ease of operations
• Backward or forward integration of services
• Presence in a new country
Any of these activities requires an entire organizational transformation to adapt to the new partner, parent, sister or child concern. NVS MACS understands these requirements and provides support to such companies right from evaluating the other party to the agreement, be it a merger, acquisition or joint venture, to helping companies comfortably manage their new relationships.
CORPORATE RESTRUCTURING
A business undergoing growth and expansion invariably undergoes significant transformation of business structure and processes. Our advice and guidance helps clients navigate these procedures with ease, right from the conception to the conclusion of the proposed business expansion. We also provide you integrated legal advice and support throughout the entire process of restructuring; from taking the decision to grow inorganically to comfortably working in an altered business setting.
Planning the Expansion
Due Diligence: We conduct due diligence for companies that are interested in any form of inorganic growth by reviewing the financial, operational and compliance aspects of the company targeted for mergers, joint ventures or acquisitions. We carefully understand your business objectives and vision for expansion or partnering to assist you with the transformation.
Business Plans: We assist our clients through the entire business plan development, including operational, human resource, infrastructure and financial planning and analysis. For each of these areas we provide advice and suitable business solutions and help our clients translate their business plans to effective business activities. Once these plans are finalized, we help you source corporate financing to fund your business expansion.
Corporate Governance: Our consultants assist companies in identifying suitable independent directors for effective corporate governance in the newly formed entity. They train the directors to be able to adapt to the new culture, policies and procedures of the organization.
Asset Acquisition, Mobility and Management
We help clients identify their areas of risk and assist them to protect their assets appropriately by providing them relevant insurance advice.
Property: We assist clients in their efforts to physically expand their offices and branches and offer the same support as mentioned under Infrastructure Support for New Business Development.
Human Resources: In most cases, clients need to mobilize their resources to accommodate future growth plans through geographical, financial and virtual aspects and we assist them in the legalities of mobilizing their human resources across offices at both global and local levels. We assist with all the relevant documentation, such as NDAs, group employee agreements, contracts for part-time and contract employees and contracts for mobile employees, throughout the process.
ORGANIZATIONAL CHANGE MANAGEMENT
Organizational Alignment: Our consultants work with clients to bridge the cultural and functional differences between the concerns and provide appropriate support and guidance to effect smooth functioning.
Document Preparation: NVS MACS assists clients with regulatory and compliance procedures to cope with the changed business structure, owing to the expansion. Our legal consultants prepare Memorandums and Articles of Association and other relevant documentation in line with statutory requirements, including contract drafting for each type of inorganic growth, be it a domestic, international or a combined relationship.
Protection of Rights: NVS MACS is committed to protecting the rights of our clients’ businesses and managing their contractual obligations, such as Intellectual Property Rights. We help our clients preserve their core business and trade secrets through advice and drafting of relevant documents and act as powers of attorneys to protect their rights.
Organizational Development
Organizational Competencies: It is preferable that organizations alter their core business competencies to create an integrated system of values with the new entity, leading to greater alignment of systems, processes and beliefs. Our HR consultants work in close tandem with representatives from both entities to create mutually beneficial competencies for the expanded business to preserve the work culture of both organizations with minimum change.
Acclimatization: Employees are most affected by the change and our trainers conduct special programs that would be conditioned to the specific nature of growth, size of entities, market presence and other relevant parameters to assist these employees with the change process and help them adapt to the new environment. We help our clients manage conflicts through appropriate alternate dispute resolution mechanisms and effective negotiations. Our professionals help to create new job profiles or alter job profiles depending on the extent of change and create job-related competencies that are most suited to those roles.
AUDITING
We provide a broad range of solutions to companies seeking to strengthen internal controls, monitor and manage risk. Our internal audit services are highly tailored to assist companies in developing, staffing, establishing and maintaining a risk-driven internal audit function.
Our consultants advice and guide clients to deepen the specialist skills provided by their internal audit function (e.g. IT, treasury and procurement, change management) and ensure that the audit team can keep up with business expansion. We assist clients with the establishment of new internal audit functions or review the effectiveness of existing ones. We also provide full outsourcing internal audit solutions, while helping clients establish risk avoidance mechanisms.
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