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    International MarketingPresentation on:

    Doing business in EuropePresented by:Sakina Jamnagarwala (21)Zuzar Kudrati (57)

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    Procedure for starting a business in Germany Sr No Procedure Time Cost in

    EURO

    1 Clear the name of company at the local chamber of industry and

    commerce

    1 Nil

    2 A notary notarizes the articles of association and memorandum of

    association

    1 1044

    3 Open a bank account 1 Nil

    4 Notary public files the articles of association with the local commercial

    register, kept at

    local courts

    7 361

    5 Notify the local office of business and standards of the establishment of

    the company

    3 31

    6 Register with the professional association of the relevant trade 1 Nil

    7 Notify the local labor office of the establishment of the company 1 Nil

    8 Register employees for health and social insurance 1 Nil

    9 Mail out the documentation to the Tax Office 1 Nil

    TOTAL 17 days 1736

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    Procedure for starting a business in Italy Sr No Procedure Time Cost in

    EURO

    1 Deposit at least 25% of the amounts contributed in cash with a bank 1 Nominal

    charges

    2 Execute a public deed of incorporation and company bylaws before

    a public notary; payregistration tax

    1 3,638

    3 Buy corporate books and accounting books 1 39.62

    4 Pay government grant tax to the post office current account 1 310

    5 Register online with the Register of Enterprises (Registro delle

    Imprese) at the local

    chamber of commerce.

    1 523

    6 Notify the competent Labor Office (DPLMO) the employment of

    workers

    1 Nil

    TOTAL 6 days 4510.62

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    Procedure for starting a business in France

    Sr No Procedure Time Cost in

    Euro

    1 Check name for uniqueness with the Institut National de la Proprit

    Industrielle (INPI)

    1 Nil

    2 Deposit the initial capital 1 Nil

    3 Publish a notice of incorporation of the company 1 150

    4 File a request for a companys registration with the Centre de

    Formalits des

    Entreprises (CFE)

    4 83.96

    5 Buy company books (minute books, inventory books, ledgers). Have

    company books

    stamped and initialed by the clerk of the commercial court

    1 43.11

    TOTAL 8 days 277.07

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    Procedure for starting a business in Spain Sr No Procedure Time Cost in Euro

    1 Obtain a certification of uniqueness of proposed company name 3 22.61

    2 Open a bank account for the company; deposit capital in the bank and obtain a deposit

    certificate

    1 Nil

    3 Grant a public deed of incorporation before a public notary 1 500

    4 Submit Declaracin Censal de Inicio de Actividad and obtain the Tax Identification

    Number

    1 Nil

    5 Pay the Asset Transfer Tax and Legal Documented Act Tax to the local tax

    Authority

    1 1% capital

    6 File the public deed of incorporation of the company for its registration with the

    Mercantile Registry

    6 152

    7 Legalize company book 15 90

    8 Obtain a municipal license to open business premises 38 405.90

    9 File for social security and affiliate all workers with the local general treasury of social

    security (Tesoreria General de la Seguridad Social

    1 Nil

    10 Notify the Delegacin Provincial de la Consejera de Trabajo e Industri 1 Nil

    TOTAL 68 1170.51

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    Products exported from India to EuropeRs. in Lacs 1 2 3 4

    Country/Commodity Germany Italy France Spain

    Gems and Jewellery 24338 197051 13146 5785

    RMG Cotton including accessories 173347 59877 13870 6108

    Cotton yarn, fabrics, made

    ups etc

    63741 43425 28566 36775

    Drugs pharmaceuticals and special chemicals 72769 16530 17404 18802

    Petroleum crude and products

    Machinery and instruments 66099 18999 16585 6425

    Manufacture of metals 30158 16671 10017 8299

    Primary and semi-finished iron and steel products 2100 23195 1375 11764

    Marine products 7045 14312 7920 37024

    Manmade yarn fabrics, madeups 6929 25792 8485 25012

    Transport equipments 24110 27851 14376 2357

    Plastics and lenoleum products 14356 5808 7202 8798

    Electronic goods 34258 6768 6931 2731

    Inorganic/organic chemical 14545 18947 18724 12472

    Iron ore 803 587 2043

    Rice, nonbasmati 201 2970 268 11

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    Volume of goods that is beenexported

    Apr 2008 - Feb 2009 Apr 2009 - Feb 20010

    Name of

    Country

    Export Value

    of Goods

    Export Value

    of Goods% Growth % Growth % Share % Share

    Value (INR in

    Crores)

    Value (US$

    Millions)

    Value (INR in

    Crores)

    Value (US$

    Millions)

    Value (INR in

    Crores)

    Value (US$

    Millions)

    Value (INR in

    Crores)

    Value (US$

    Millions)

    India Export to

    EU Countries

    (25)

    91,708.13 20,722.85 107,899.80 23,765.48 17.66 14.68 21.14 21.14

    2) GERMANY 14,020.40 3,168.12 15,965.28 3,516.43 13.87 10.99 3.13 3.13

    3) ITALY 9,841.32 2,223.80 14,604.02 3,216.61 48.39 44.64 2.86 2.86

    6) FRANCE 8,376.20 1,892.73 8,572.06 1,888.04 2.34 -0.25 1.68 1.68

    7) SPAIN 6,375.82 1,440.71 7,714.91 1,699.25 21.00 17.94 1.51 1.51

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    Indian companies exporting toEurope

    India Exporter Name Product DescriptionCountry of

    Destination

    F.O.B Value in

    INR (RS)

    Value

    (US$)QTY

    Not AvailableSilk MUPS (Stoles) SS NO J

    124 Size 70x 180 CMSSpain 17,667 $ 389 56

    INDIRA EXPORTS PVT. LIMITED.,

    100%COTTON YARN DYED

    WOVEN POWERLOOM BOYS

    SHIRTS

    SPAIN 158125.00 3482.93 624.000

    Not Available

    HANDLOOM NATURAL SILK

    MADEUPS MIXED

    WITHWOOL (SHAWL)SILK 30%

    ITALY 55687.50 1226.60 99.000

    SHAHKAR RUGSINDIAN HANDKNOTTED

    WOOLLEN CARPETS [33PCS]SPAIN 70064.29 1543.27 52.600

    Not Available

    OTHER WELDEDCONSTRUCTION

    TOOLS MADE OF HIGH SPEED

    STEEL IN COMBINATION WITH

    OTH

    ER STEELS R.B.TOOL

    ITALY 105055.59 2314 89.000

    KRISTEEL-SHINWA INDUSTRIES

    LTD.

    STAINLESS STEEL RULE OF

    VARIETY

    (GRADE AISI 420)MFD BY

    PHOTOCHEMICAL MACH PROCHARD CHROME RULE 6

    GERMANY 24386.63 537.15 106.000

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    VIGNESHWARA EXPORTS LTD.

    PROCESSED COTTON MADEUPS

    (OTHER THAN GRE Y) 100%

    COTTON

    P/L DYED SATIN QUILT COVE

    R & PILLOW COVERSI

    GERMANY 283979.65 6255.06 975.000

    HANDMADE PAPER BOARD

    INDUSTRIES,

    HANDICRAFTED HANDMADEPAPER ITEMS YELLOW

    CHICKEN EMBOSS NORMAL

    ITALY 4387.50 96.64 60.000

    Not Available100%LEATHER EMBROIDERED

    MADE-UPS (CUT PIECES)ITALY 46801.12 1030.86 42.000

    H.R.INTERNATIONAL

    C-426 SPANNERS M/OF ALLOY:

    DOUBLE OPEN END SPANNERDROP FORGED CRV STEEL M/OF

    A LLOY STEEL SIZE: 3

    SPAIN 10312.53 227.15 150.000

    BROM CHEM (INDIA) PVT LTD 4-BROMO BUTYRONITRILE GERMANY 627532.00 13822.29 100.000

    MENTHA ALLIED PRODUCTS

    LIMITED,

    ESSENTIAL OILS-

    DEMENTHOLISED

    PEPPERMINT OIL

    GERMANY 3787041.00 83415 14400.000

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    GURU EXPORTS

    READYMADE GARMENTS

    COTTON LYCRA POWERLOO M

    LADIES ENSEMBLE

    GERMANY 148500.00 3270.93 660.000

    PUROLATOR INDIA LTDAUTOMOTIVE OIL FILTERS/FUEL

    FILTERS-PI 1707ITALY 184822.79 4070.99 2280.000

    UNIQUE FASHIONS BRASS SURAHI ITALY 9121.53 200.91 31.000

    GEE HOME FASHIONSCOTTON HANDLOOM

    DURRIES(YARN DYED)GERMANY 60443.64 1384.73 124.000

    JONSON RUBBER INDUSTRIES

    CONV./&/EL/TEX/BE/(GEN.PURPOSE)OF

    REL/NA /SY/R:EP R/CON/BELTS:-

    CUT EDGES,GRD-Y,DI

    ITALY 174667.76 4001.55 400.000

    MALANI IMPEX INC COTTON CUSHION 16X16" SPAIN 10912.52 250 50.000

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    Regulation in Europe for Import

    All Members of the EU have adopted a

    common trade policy towards imports from

    third countries.

    In general, import licensing is not required for

    products entering an EU country, except for

    certain sensitive products like agricultural

    goods, tobacco, weapons, etc., and products

    governed by quantitative restrictions (i.e.

    quotas) and surveillance.

    The EU im ort licensin s stem is based on

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    License are issued within ten days of notification of the

    EU decision indicating the quantities to be distributed.

    They are valid throughout the EU.

    These licenses are valid for four months.

    Country have to send all applications to the EuropeanCommission and will only issue a license after theapplication has been approved by the EuropeanCommission.

    The Integrated Tariff of the Community, referred to as

    TARIC (Tarif Intgr de la Communaut), is designed to

    show various rules applying to specific products being

    imported into the customs territory of the EU

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    Value added tax(VAT):

    Standard rate: 19.6%

    Reduced rate: 5.5% (applicable in certain

    specific cases). Rate applied for medicines: 2.1%.

    Supplies of goods are subject to different VAT

    rules than supplies of services.

    Refunds of VAT credits may be claimed.

    Certain products may be exempt, as a special

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    Business tax:

    Business tax is payable on the rental value of thetangible fixed assets used for the purpose of thebusiness.

    The rate varies from one region, dpartementandcommune(town), to another. It is set each year by thelocal authorities.

    The annual business tax cost varies from approximately

    2% to 5% of the value of the tangible fixed assets usedfor the purpose of the business (subject to the minimumcontributions).

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    There are many cases in which companies can benefitfrom an exemption or a reduction, e.g.: -Creation of anestablishment;-New companies;-Measures taken by thelocal authorities (planning and development act);-Capping on the basis of the added value of the taxpayer(3.5%, 3.8% or 4% depending on the turnover and asingle rate of 3.5% for tax assessed with respect to2007).-Special exemption for certain properties.

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    Trading Across Borders -Germany

    Nature of Export Procedures (2010) Duration (days) US$ Cost

    Documents preparation 3 142

    Customs clearance and technical control 1 30

    Ports and terminal handling 2 250

    Inland transportation and handling 1 450

    Totals 7 872

    Nature of Import Procedures (2010) Duration (days) US$ Cost

    Documents preparation 3 182

    Customs clearance and technical control 1 55

    Ports and terminal handling 1 250

    Inland transportation and handling 2 450

    Totals 7 937

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    Documents in Germany

    Export

    Bill of lading

    Commercial invoice Customs export declaration

    Packing list

    Import

    Bill of lading

    Certificate of origin

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    Trading Across Borders - Italy

    Nature of Export Procedures (2010) Duration (days) US$ Cost

    Documents preparation 10 220

    Customs clearance and technical control 3 155

    Ports and terminal handling 3 345

    Inland transportation and handling 4 525

    Totals 20 1245

    Nature of Import Procedures (2010) Duration (days) US$ Cost

    Documents preparation 10 220

    Customs clearance and technical control 2 155

    Ports and terminal handling 3 345

    Inland transportation and handling 3 525

    Totals 18 1245

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    Documents in Italy

    Export

    Bill of lading

    Commercial invoice Customs export declaration

    Technical standard/health certificate

    Import

    Bill of lading

    Certificate of origin

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    Trading Across Borders - France

    Nature of Export Procedures (2010) Duration (days) US$ Cost

    Documents preparation 3 105

    Customs clearance and technical control 1 30

    Ports and terminal handling 3 316

    Inland transportation and handling 2 627

    Totals 9 1078

    Nature of Import Procedures (2010) Duration (days) US$ Cost

    Documents preparation 5 155

    Customs clearance and technical control 1 150

    Ports and terminal handling 3 316

    Inland transportation and handling 2 627

    Totals 11 1248

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    Documents in France

    Export

    Bill of lading

    Customs export declaration

    Import

    Bill of lading

    Customs import declaration

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    Trading Across Borders - Spain

    Nature of Export Procedures (2010) Duration (days) US$ Cost

    Documents preparation 4 250

    Customs clearance and technical control 1 150

    Ports and terminal handling 2 221

    Inland transportation and handling 2 600

    Totals 9 1221

    Nature of Import Procedures (2010) Duration (days) US$ Cost

    Documents preparation 4 250

    Customs clearance and technical control 2 150

    Ports and terminal handling 2 221

    Inland transportation and handling 2 600

    Totals 10 1221

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    Documents in Spain

    Export

    Bill of lading

    Cargo release order Commercial invoice

    Customs export declaration

    Packing list

    Technical standard/health certificate

    Import

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    THANK YOU