Most of the global fast food outlets in India do not own a land on their own as they believe to take different places on rent in order to open their fast food ventures as they shift their restaurants according to the demands of customers (Westwood, 2012). This is because most of the global fast food outlets are opened in different malls and they cannot buy their own shop in a mall and hence, they used to open their fast food restaurants according to the demand of public. In addition to this, most of the global fast food outlets choose malls to set up their restaurant as malls is regularly visited by lots of people (Facella and Genn, 2008).
Once, a company decides to set up its business in India then, it has to follow some basic government legislations and statutory requirements in which the most important act to be followed is the Companies Act, 1956. This act regulates all the routine affairs of the company as it contains provisions regarding the formation of company and the role of its different stakeholders. It is also necessary to obtain a permanent account number (PAN) from an authorized agent as outsourced by the Income Tax Department and in order to pay taxes and incentives as per the Indian Government Laws (Westwood, 2012). Besides this, it is also important to register for VAT at the Commercial Tax Office and also, registration for Profession Tax at the Profession Tax office is important which do not imply any kind of extra cost. Therefore, these are the basic Indian government requirements in providing incentives and taxes (Makar, 2007).