Thursday, December 23, 2021

Company Registration for NRIs and Foreign Nationals


Company Registration for NRIs and foreign company registration

2 DIN, 2 DSC, MOA, AOA, Company Incorporation, Government Fees, PAN, TAN, Assistance in opening bank accounts

Private Limited Company Registration in India

For NRI, Foreign Nationals and Foreign Companies, Private Limited Company is considered to be the most ideal type of business that can be registered in India. Foreign Direct Investment (FDI) is not allowed in other types of businesses like Proprietorship, Partnership Firm and One Person Company while prior approval of RBI is required for FDI in LLP. Subject to FDI norms, the shares of Company can be held by NRI, Foreign National or Foreign Company. FDI in Private Limited and Limited Companies in India is allowed through automatic route.
A Private Limited Company is a blend of corporate form of business structure and partnership. The most attractive feature of a Private Limited Company is the Limited Liability of its members. It has the flexibility of a partnership firm and the advantages of a Company such as greater stability, better creditworthiness and separate legal entity. Private Limited Companies are an ideal way of starting and structuring startups with a higher scope of expansion as compared to partnerships as it is easy to raise capital from financial institutions due to its higher stability and reliability.


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