The client is a design based multidisciplinary practice firm covering all areas of construction work. They have worked with blue chip clients for over 60 years and are associated with customers ranging from Tesco, Marks & Spencer and McDonalds to Shell and Esso. They offer competitive and cost effective services to clients in the disciplines of architecture, surveying, property development and project management and have worked on everything from castles to exclusive villas in the UK and overseas for an array of clients.
The clients wanted to set up their operations in India and expand into emerging markets but were facing a number of issues from the outset regarding incorporation of their business when faced with the number of legal and regulatory compliances just to form the company. And even after the company formation, their biggest challenge was to identify the target market location and then set up an office and find suitable resources and IT infrastructure while keeping their costs down.
How QX helped:
To help them get their business off the ground in India, QX Corporate Advisors offered them a comprehensive solution of a Build-Operate-Transfer(BOT) model. Our advisors offered a ‘plug and play’ office which gave the client the flexibility to run their operations from QX premises for an agreed time as a ‘test’ prior to setting up their own office. The BOT model works on the basis of facilitating the expansion into India without the associated costs and risks of setting up their entire operation independently. We recruited qualified staff for them on their behalf and all IT infrastructures together with SLAs were discussed and incorporated as part of the contract. Once their business is established, QX transfers the business to them so they can manage it ongoing in their own offices while QX provides back-office support which includes payroll, book keeping and accounting, HR and IT support.
- Minimum gestation period with ease of transformation
- Guaranteed compliance with all country specific regulations
- Enhanced service from QX’s accounting and compliance expertise in both India and the UK
- Savings of up to 50% realised in first 6 months of operations compared to setting up on their own
- Recruitment of designers, architects and other human resources to run their operations
We are extremely pleased with the outstanding services provided by QX Corporate Advisors. They removed the challenges in company formation and other legal obligations we were facing and their professional advisors made it easy for us to get our business off the ground in a complex foreign environment by giving us their offices as a launch pad to operate from. Thanks to their constant consultation and advice we are in a strong position to take our business expansion to the next level. We strongly recommend QX Corporate Advisors to anyone who requires professional advice for setting up their business in India because they not only helped us with the decisions we needed to make, they also helped us to save costs.
Ankit Shah, Director, MBH Architects Ltd.