Thursday, December 23, 2021

Procedure of Foreign Company Registration in India

 Procedure of Foreign Company Registration in India


Documents required for the foreign company registration in India / wholly owned subsidiary in India are as follows:

1. Address Proof of the office (if rented then latest electricity bill).

2. For Indian subsidiary:
  • · PAN Card (mandatory)
  • · Address Proof
  • · Photo ID Proof
3. For Foreign subsidiary:
  • Passport (mandatory)
  • Address Proof (certified by the Indian Consular)
  • Photo ID Proof (certified by the Indian Consular)
Procedure of Foreign Company Registration in India

1. For company registration, minimum of 2 directors are required.

2. There is no minimum capital required for the registration process.

3. All the directors must apply for Director’s Identification No. (DIN) and two directors must apply for Digital Signature Certificate (DSC).

4. Applicant must apply for the name of the company in Form INC-1.

5. After receiving name approval from the Registrar of Companies (ROC), an applicant must file the following:
  •  Form INC-7 (Application for Incorporation of Company)
  • Form DIR-12 (Particulars regarding the appointment of directors, the key managerial personnel and any changes in them)
  • Form INC-22 (Notice of location or change of address of the registered office of the company) along with Memorandum of Association (MOA) and Articles of Association (AOA).
6. After drafting MOA and AOA, the subscription to MOA has to be done by the applicant.

7. Filing the above documents is completed by online paying the ROC fees and the stamp duty which is based on the authorized capital of the company.

8. Once the fees is paid, ROC verifies all the submitted documents. Form INC-22 and DIR-12 are approved through Straight-Through-Process (STP) and verification of Form INC-7 is done in detail by ROC.

9. When ROC is satisfied with the documents then Certificate of Incorporation is sent.

10. Post receiving the Certificate of Incorporation, the company must apply for opening a Bank Account for the company.

11. After opening the bank account and subscription of share capital, documents must be submitted for FDI compliance to RBI.

Hope this post would help you in setting up a foreign subsidiary in India. For more details on foreign company registration in India or the registration of wholly owned subsidiary company in India, you may leave your comments/query below.
Posted by at 3 comments:
Labels: , , , ,

foreign company registration india

 Selecting the type of Company in foreign company registration in india-

According to FEMA guidelines, Foreign Direct Investment (FDI) is not allowed in case of Proprietorship, Partnership Firm and foreign company registration in india. Though investment in LLP’s is allowed, but it requires prior approval of the RBI. and foreign company registration in india.
Hence, the easiest and fastest way set up a business in foreign company registration in india by NRI’s and Foreign Nationals/entities is through foreign company registration in india.
Posted by at 1 comment:
Labels: , , , ,

Registration of Foreign Company in India?

 


Looking for Registration of Foreign Company in India?


India is one of the fastest developing countries in the world having immense human potential and a vast market which comprises of 1.3 billion people. The country showcases a lot of opportunities not only for Indians but also for the foreigners to invest their money (Foreign Direct Investment, FDI) in India. There are many ways through which this foreign direct investment inflow is increasing in India and one of the main reasons is due to the setup of more numbers of foreign businesses in India. Herein below, we discuss how a Foreign CompanyRegistration in India can be done.

Posted by at No comments:
Labels: , , , ,

foreign company registration

 Selecting the type of Company in foreign company registration-

According to FEMA guidelines, Foreign Direct Investment (FDI) is not allowed in case of Proprietorship, Partnership Firm and foreign company registration. Though investment in LLP’s is allowed, but it requires prior approval of the RBI. and foreign company registration.
Hence, the easiest and fastest way set up a business in foreign company registration by NRI’s and Foreign Nationals/entities is through foreign company registration.
Minimum requirements foreign company registration-
Posted by at No comments:
Labels: , , , ,

Foreign Company Registration in India

Foreign Company Registration in India | Wholly Owned Subsidiary Incorporation


India is among the quickest developing economies of the world with a lot of business openings which make it a favored objective for venture structure NRIs, Foreign Nationals and Foreign Companies. There are numerous ways by which foreign speculation should be possible in India. Perhaps the best and sought after ways is Incorporation of Foreign Subsidiary in India. 

Which means – Foreign Subsidiary organization: 

A subsidiary is an organization with casting a ballot stock (that is over half) constrained by another organization, generally alluded to as the parent organization or the holding organization. In situations where a parent organization claims a foreign subsidiary, the subsidiary should keep the laws of the nation where it is joined and works. Henceforth, in the event that a foreign subsidiary is fused in India, at that point it needs to observe the appropriate laws in India.

Nikita Bhatia




Posted by at 2 comments:
Labels: , , , ,
Location: New Delhi, Delhi, India
Subscribe to: Posts (Atom)