Hana Advisors India

Name

Hana Advisors India

Legal name

하나어드바이저스

Website

https://hanaadvisors.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Headquarters

HQ city

New Delhi

HQ country

India

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Consulting and Advisory Services: Professional consulting services for India market entry including pre-entry support, company incorporation, regulatory compliance, and post-incorporation operations support. Services include market research, business plan feasibility studies, tax and regulatory advisory, site selection, talent recruitment, and supplier/partner matching.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Hana Advisors India is a professional consulting firm that delivers a one-stop solution for foreign (primarily Korean) companies seeking to enter the Indian market. The firm covers the entire entry lifecycle through three service modules: pre-entry support (market research, feasibility, entity selection, site selection, recruitment, supplier/partner matching), entry strategy execution (legal/regulatory procedures under Companies Act, FEMA, tax law, and labor law, plus entity formation such as Liaison/Branch/Project Offices, Wholly Owned Subsidiaries, JVs, M&As, and franchisees), and post-establishment support (board/shareholder meetings, PAN/TAN registration, accounting, payroll, regulatory filings, and compliance management).

Product overview

Hana Advisors India operates as a consulting/advisory firm offering a unified one-stop solution for India market entry. The service portfolio consists of three interconnected modules: (1) Pre-support Services covering market research, feasibility studies, and strategic planning; (2) India Entry Strategy Services handling legal/regulatory procedures and entity formation (Liaison Office, Branch Office, Project Office, Wholly Owned Subsidiary, Joint Venture, M&A, Franchisee); and (3) Post-establishment Support Services for ongoing operations including accounting, payroll, compliance, and regulatory filings. The company positions itself as a hand-holding partner providing end-to-end support from strategy formulation to execution and ongoing operations management.

Differentiator

Problem solved

Functional benefit

Products and services

• India Market Entry Pre-support Services (인도 진출 사전 지원 서비스) Comprehensive pre-entry advisory services helping foreign (primarily Korean) companies and non-resident partners explore the Indian market and design customized solutions that minimize risk while achieving business objectives. Deliverables include market research, business plan feasibility review, appropriate corporate form selection, tax and regulatory advisory, site selection and land acquisition, talent recruitment, and supplier/partner matching with subsequent performance management.
• India Entry Strategy Services (인도 진출 실행 서비스) Legal and regulatory procedure execution support for foreign companies implementing their India entry strategy, with hand-holding assistance across Companies Act, FEMA, tax law, labor and employment law, and tax-efficient equity structure design. Supports entry through both non-corporate entities (Liaison Office, Branch Office, Project Office) and corporate entities (Wholly Owned Subsidiary Pvt. Ltd., Joint Venture Pvt. Ltd., M&A/Takeover Pvt. Ltd., Franchisee Pvt. Ltd.).
• Company Incorporation and Post-establishment Support Services (법인 설립 및 사후 지원 서비스) Full-service support for Indian subsidiary incorporation and ongoing compliance, covering board and shareholder meeting facilitation, mandatory regulatory filings, PAN and TAN registration, local office and establishment registration compliance, key permits and licenses, plus outsourced operations including accounting, payroll management, management reporting, company secretarial services, and ongoing compliance management to allow the client to focus on core business.

Quantifiable outcome

• 97% customer contract renewal rate
• +2 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Emerging players

• ClearTax (now Clear): India tax, GST, and compliance platform serving businesses and tax practitioners with filings, registrations, and ongoing compliance automation. Comparable to Hana Advisors' post-establishment compliance work but via a software-led rather than advisory-led model.

Others

• India Briefing (by Dezan Shira): Business intelligence publication and advisory platform targeting foreign investors in India, operated by Dezan Shira. Functions as a content-and-lead-generation channel that overlaps with Hana Advisors' Naver Blog/content strategy for inbound investors.

Broad incumbents

• KPMG India: Big 4 firm with a substantial India practice covering tax, regulatory, and inbound FDI advisory for multinational clients. Competes with Hana Advisors on inbound India entry mandates at the larger end of the deal-size spectrum.
• EY India: Big 4 firm with established India inbound investment advisory and tax/regulatory practices serving foreign multinationals. Comparable in service scope (entity setup, tax, compliance) but operating at significantly larger scale and broader mandate profile.
• Kearney: Global management consulting firm with a dedicated India practice advising multinationals on market entry, operations, and supply-chain setup. Adjacent competitor for inbound India strategy mandates at enterprise scale.
• Deloitte India: Big 4 firm offering inbound FDI advisory, tax structuring, and entity setup services for foreign companies entering India. Represents an incumbent threat that could absorb Hana Advisors' mid-market mandates as client scale.

Direct peers

• Enterslice: India-based tech-enabled legal, tax and compliance platform specializing in company incorporation, regulatory filings, and ongoing compliance for startups and foreign entrants. Overlaps with Hana Advisors on incorporation and post-establishment compliance services for inbound clients.
• IndiaFilings: India business registration and compliance service provider serving SMEs and foreign companies setting up in India. Comparable in delivering entity formation, regulatory registrations, and ongoing compliance — directly competes in Hana Advisors' post-establishment and incorporation scope.
• Dezan Shira & Associates: Asia-focused market-entry and corporate advisory firm with deep India practice, helping foreign companies set up and operate across Asia. Directly comparable to Hana Advisors as a foreign-investor India entry specialist, though broader in geographic and origin-country coverage.

Regional players

• Ascent India (India Entry Advisors): India-based boutique advisory focused on helping foreign companies establish and operate in India, including incorporation, tax, and compliance services. Directly comparable scope to Hana Advisors, though not specifically Korea-focused.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutu.be/tgxDCv3MPxw

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hana Advisors India