Founded by the late Mr. OP Vaish, senior advocate in 1971, the firm is a full-service law firm providing legal services to domestic and international clients for over four decades. Predominantly a tax and corporate M&A firm, the firm has steadily grown adding multiple niche practices across three locations in India with a headcount of over 100 associates including 12 partners. The firm’s Corporate M&A and tax practices have grown from strength to strength every passing year and has been involved in some of the largest deals in India in various sectors.
The firm serves the needs of both small and large businesses, ranging from basic start-up work to intricate legal issues and provides a broad range of legal, taxation, regulatory and advisory services to the commercial, industrial and financial communities. The firm adopts a practical and solution-oriented approach to legal matters and places tremendous emphasis on accessibility, quick turnaround time and client access to key partners at all times. Also, the firm is one of the very few firms in India to offer a combination of corporate law and tax practice. The firm’s ability to understand its clients’ business and their challenges has rewarded it with progressively complex mandates and headline deals, many of which are the largest transactions in their respective industries.
The firm’s mission is to be the preferred law firm within the Indian market, providing its clients with qualitative and innovative professional advice, in a timely and cost-efficient manner. The firm is well recognized for its practices in respect of tax, M&A, private equity, projects and infrastructure, real estate, banking and finance, competition law, insolvency and bankruptcy and dispute resolution.
Why Vaish Associates
The firm has been consistently recognized as one of the best in the Tax area. The firm is highly recognized for its corporate and M&A practice. Year after year, our lawyers have been recognized for their work by Chambers and Partners and Legal 500.
Recent Firm News & Legal Updates
The Hon'ble Supreme Court in M/s. Tantia Constructions Limited v. Union of India [Petition for Special Leave to Appeal (C) No. 10722/2022] observed that it is of the "firm opinion that there cannot be two arbitration proceedings with respect to the same contract/transaction."
This update relates to a ruling of the Supreme Court of India (CCE&ST vs. Northern Operating Systems Pvt. Ltd.) relating to the applicability of Service Tax on inter-company payment of salary and other expenses for seconded expatriate employees in India.
When it comes to the business climate in India, member firm Vaish describes an economic upturn in this recent Q&A—"The business climate in India is currently the best it has ever been. India has had a stable government since 2014, which has steadfastly focused on improving the ease of doing business in India, which steps have propelled India to 63rd place amongst 190 countries in the World Bank’s Ease of Doing Business rankings of 2020 in contrast to India’s 142nd place in 2014. India has improved its rank in 7 out of 10 indicators and has moved closer to international best practices." Learn more about Vaish, how to successfully do business in India, and what advantages and pitfalls you need to know about before doing business there.