Retail
Astrea Legal’s experience professionals providing specialized services to Retail Industry including Due Diligence, Retail Licensing, Consumer, Transaction, , Retail litigation, Real Estate, Employment, etc.
The firm rightly anticipates the booming Retail industry sectors of India and fast paced industries of our times with several players entering the market. The growth instigates to prepare for wide range of retail services to be provided by the firm. We are providing every service to support the growth and smooth functioning of the large retail transaction. The firm experience team providing services in Due Diligence, Real Estate, Government Agency, License, Litigation, Consumer and compliance etc.
The Firm is not only the one stop service provider for those running Retail chain but also specialized resource to work under different jurisdiction, State & Corporation. We believe that our experience would be highly beneficial for Retail Industry to execute project in expedite manner.
For the purpose of foreign investment, the retail sector is classified into following categories –
• Single Brand product trading
For this category, the FDI is permitted to an extent of 51% through the government route. However such investment is subject to the following conditions:
a. Products to be sold should be of a ‘Single Brand’ only.
b. Products should be sold under the same brand internationally i.e. products should be sold under the same brand in one or more countries other than India.
c. ‘Single Brand’ product-retailing would cover only products which are branded during manufacturing.
d. Application seeking permission of the Government for FDI in retail trade of ‘Single Brand’ products would be made to the Secretariat for Industrial Assistance (SIA) in the Department of Industrial Policy & Promotion. The application would specifically indicate the product/ product categories which are proposed to be sold under a ‘Single Brand’. Any addition to the product/ product categories to be sold under ‘Single Brand’ would require a fresh approval of the Government.
e. Applications would be processed in the Department of Industrial Policy & Promotion, to determine whether the products proposed to be sold satisfy the notified guidelines, before being considered by the FIPB for Government approval.
• Muli-Brand Product Trading
FDI in multiple brand or domestic trading in any form is prohibited.
• E-commerce
E-commerce activities refer to the activity of buying and selling by a company through the e-commerce platform. FDI in these activities permitted to an extent of 100% through the automatic route. However such companies would engage only in Business to Business (B2B) e-commerce and not in retail trading, inter-alia implying that existing restrictions on FDI in domestic trading would be applicable to e-commerce as well.
• Test marketing
FDI in the test marketing is allowed to an extent of 100% of such items for which a company has approval for manufacture, provided that –
a. Such test marketing facility will be for a period of two years; and
b. Investment in setting up manufacturing facility commences simultaneously with test marketing.
Astrea Legal provided wide range of Retail Licensing services in India like
• Food and Drugs License
• Shop Act License
• License for Insecticide
• Use of Illuminated Sign Board
• 365 Day’s Permission
• Municipal Corporation
• Trade License
• Drug Lic
• Standard of Weight and Measurement
• License for Fro zone Non Veg Food
• Freezers and Chillers 390, Permits
• Meat Product Order License
• Food Handler Certificate
• Lic. Under Essential Commodities Act
• Bakery License
• APMC