Australian companies are advised to spend time investigating the market, obtain professional advice where appropriate and thoroughly investigate the issues in entering the market and before establishing business relationships.
Australian firms wishing to operate in this market should commit to the highest level of corporate behaviour and familiarise themselves with Australia's laws and penalties pertaining to bribery of foreign officials.
Bribery of foreign public officials is a crime. Australian individuals and companies can be prosecuted in Australia for bribing foreign officials when overseas. Further information on the regulations governing bribery of foreign public officials is available.
For further information on frauds, scams, personal and asset security, intellectual property protection and other business risks please read more about legal issues.
Bribery and corruption
In India, bribery and corruption is a significant risk for those in the business sector. Australian individuals and companies can be prosecuted in Australia for bribing foreign officials when overseas. Read more on the regulations governing bribery of foreign public officials.
Read our legal issues information on:
- personal and asset security
- intellectual property protection
- other business risks
Intellectual property protection
India is ranked 55th out of 129 countries for IP rights protection in the International Property Rights Index 2019. It has been a member of the World Trade Organization (WTO) since 1995. WTO member nations must include IP protection in their national laws.
There are similarities between Indian and Australian IP law and enforcement procedures.