Company Registration for Foreign Entrepreneur
-
Register your Company
India is one of the fastest-growing economies in the world, with a vibrant and diverse start-up ecosystem. If you are a foreign entrepreneur who wants to start a business in India, you need to know the different types of company registration available in India & the benefits and challenges of each one. In this article, we will provide you with an overview of the various options for company registration in India and how we can assist you with the process.
|
Type of Company
|
Liason Office
|
Branch Office
|
Subsidiary Company
|
|---|---|---|---|
|
Features
|
A representative office that acts as a communication channel between the foreign parent company and the Indian parties. It cannot engage in any commercial or trading activities.
|
An extension of the foreign parent company that can carry out certain activities such as export/import, consultancy, research, etc. It cannot engage in manufacturing activities.
|
A separate legal entity that is owned by the foreign parent company. It can engage in any lawful business activities in India.
|
|
Advantages
|
Suitable for foreign companies that want to explore the Indian market, establish contacts, and promote their brand.
|
Suitable for foreign companies that want to expand their business in India, earn income, and repatriate profits.
|
Suitable for foreign companies that want to have full control and flexibility over their business in India, enjoy limited liability, and avail tax benefits
|
|
Disadvantages
|
No income generation, limited scope of activities, subject to RBI approval and annual compliances.
|
Subject to RBI approval and annual compliances, higher tax liability, no separate legal identity from the parent company.
|
More compliance and regulatory requirements, higher cost of formation and maintenance, subject to FDI norms and sectoral caps.
|
|
Requirements
|
Minimum net worth of USD 50,000 in the preceding year, approval from RBI and ROC, PAN card, bank account, etc.
|
Minimum net worth of USD 50,000 in the preceding year, approval from RBI and ROC, PAN card, bank account, etc.
|
Minimum paid-up capital of ₹1 lakh, minimum two directors, one of whom must be an Indian resident, approval from RBI and ROC, PAN card, bank account, etc.
|
How We Can Assist You
We are a team of experts who can help you with the company registration process in India. We can provide you with the following services:
Consultation: We can advise you on the best type of company registration for your business, based on your objectives, budget, and preferences.
Documentation: We can help you prepare and submit all the required documents and forms for the company registration, such as the memorandum of association, articles of association, digital signature certificate, director identification number, etc.
Registration: We can help you obtain the certificate of incorporation, the permanent account number, the tax deduction and collection account number, the goods and services tax registration, etc.
Compliance: We can help you comply with all the legal and regulatory requirements for your company, such as filing annual returns, maintaining books of accounts, auditing, paying taxes, etc.
If you are interested in our services, please contact us today. We will be happy to assist you and help you start your business in India.
Get Annual Compliance Package Now
About Our Company
Accounting , Internal Auditing Services in Chennai, Trichy, Madurai, Salem, Erode.
Popular Posts
Our Best Services
Leverage to improve your business’s objectives and proven processes to handle your business’s financial management needs efficiently. Extending Accurate Accounting and Taxation Solutions tailored to your requirements, while aligning our services with your company’s unique goals. Expertise in robust technology designed to provide accurate and timely financial reports that are critical to business decision-making.
