Nikita Bhatia is the co-founder of VenturEasy, an online platform for foreign subsidiary registration in india, foreign company incorporation in india, Wholly Owned Subsidiary Company, foreign company registration in india, incorporation of subsidiary of foreign company in india, foreign subsidiary registration in india, incorporation of subsidiary company in india, incorporation of subsidiary of foreign company in india, register a subsidiary company in india, foreign companies in india, foreign investment in india, international companies in india.

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Documents required for Private Limited Company Registration for NRIs and Foreign Nationals

Documents required for Private Limited Company Registration for NRIs and Foreign companies in india

For Directors/Shareholders
One Photograph
Copy of Passport
Copy of Address proof - Driving License/Voter ID
Copy of Bank Statement/Mobile Phone/Landline Telephone Bill
Copy of Business Visa and Proof of Stay in India

NOTE: All the above documents should be notarized by a Public Notary and Appostilled/Consularized by the Competent Authority of the foreign country.

For Company Address
Proof of Registered Address – Sale Deed/Rental Agreement
Copy of Utility bill - Electricity/Landline telephone/Gas Bill - not older than two months.
No Objection Certificate for use of premises, if required

Choosing a Name for your Private Limited Company

Certain important points should be kept in mind when choosing a name for private limited company registration:

Make sure that the Company name is unique and does not resemble the name of any other existing Company or LLP.
It is easier to obtain a name if it depicts the objects of your company.
The name should not include any word which is a registered trademark or has been applied for Trademark registration.

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Foreign Subsidiary Incorporation in India

“ForeignSubsidiary Incorporation in India”

Theforeign subsidiary is “A partially or wholly owned company that is part of a larger corporation with headquarters in another country.” This is to be noted that a subsidiary company which is owned by a foreign parent company is a separate legal entity. A foreign subsidiary company functions under the rules and regulations of the country where it is situated.

foreign subsidiary

For setting up a foreign subsidiary company in India, wholly owned subsidiary company comes into being only when a foreign company makes 100% FDI in India through an automatic route. This can be done where the inflow of 100% FDI is permitted and approval from Reserve Bank of India (RBI) is not required. Doing investment through automatic route requires no former approval of RBI or the Government and FDI can flow without these permissions.

Nikita Bhatia

Nikita Bhatia is the co-founder of VenturEasy, an online platform for foreign company registration in india, subsidiary in india, foreign subsidiary, indian subsidiary, subsidiary company in india, wholly owned subsidiary in india, foreign company registration, foreign company incorporation in india,

VenturEasy can help you with the foreign company registration in india, subsidiary in india, foreign subsidiary, indian subsidiary. Get in touch with us at hello@ventureasy.com

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Start-up of Foreign Business in India

Start-up of Foreign Business in India

The procedure for foreign company registration in India begins by selecting a type of company to enter the Indian market or start business operations in India. There are the following two ways:

1. Registration of a company
2. Setting up a Liaison Office or Representative/Project Office or a Branch Office of the foreign company

For the foreign company registration in india, the investor must firstly, decide the type of company (Private Ltd. or Public Ltd.). A private limited company offers limited liability or the legal protection for its shareholders but this adds certain restrictions on its ownership and also enjoys the privileges given over public company as per the Companies Act, 2013 whereas a public limited company is whose stocks are traded in a stock exchange and can be sold and bought by anyone (public) and requires following numerous rules and regulations as per the Companies Act, 2013.

Therefore, incorporating a private limited company is the easiest and the fastest way of setting up a foreign business in India. Similarly, when a foreign company brings in 100% FDI through automatic route in India, it becomes Wholly Owned Subsidiary Company of that Foreign Company. In this case, it becomes an entity whose whole share capital is owned by that foreign company. So, it can be a private company which is limited by guarantee or limited by shares or by unlimited liability company.

Nikita Bhatia

VenturEasy can help you with the foreign company registration in india, subsidiary in india, foreign subsidiary, indian subsidiary. Get in touch with us at hello@ventureasy.com

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subsidiary incorporation in india

Selecting the type of Company in subsidiary incorporation in india-

According to FEMA guidelines, Foreign Direct Investment (FDI) is not allowed in case of Proprietorship, Partnership Firm and subsidiary incorporation in india. Though investment in LLP’s is allowed, but it requires prior approval of the RBI. and subsidiary incorporation in india.

Hence, the easiest and fastest way set up a business in subsidiary incorporation in india by NRI’s and Foreign Nationals/entities is through subsidiary incorporation in india.

Minimum requirements subsidiary incorporation in india-

Capital: There is no minimum capital required to form a subsidiary incorporation in india.
Directors: Minimum two directors are required to subsidiary incorporation in india. Both should be individuals and at-least one of whom should be a resident of subsidiary incorporation in india. (A resident of India is a person who has stayed in India for at-least 182 days in the previous year).
Shareholders: Companies Act, 2013 requires that a Private Limited Company have a minimum of two shareholders. There is no condition for residential status of shareholders. Shareholders can be either individuals or entities or a combination of both for subsidiary incorporation in india.

Nikita Bhatia

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foreign subsidiary incorporation

Selecting the type of Company in foreign subsidiary incorporation-

According to FEMA guidelines, Foreign Direct Investment (FDI) is not allowed in case of Proprietorship, Partnership Firm and foreign subsidiary incorporation. Though investment in LLP’s is allowed, but it requires prior approval of the RBI. and foreign subsidiary incorporation.

Hence, the easiest and fastest way set up a business in foreign subsidiary incorporation by NRI’s and Foreign Nationals/entities is through foreign subsidiary incorporation.

Minimum requirements foreign subsidiary incorporation-

Capital: There is no minimum capital required to form a foreign subsidiary incorporation.
Directors: Minimum two directors are required to foreign subsidiary incorporation. Both should be individuals and at-least one of whom should be a resident of foreign subsidiary incorporation. (A resident of India is a person who has stayed in India for at-least 182 days in the previous year).
Shareholders: Companies Act, 2013 requires that a Private Limited Company have a minimum of two shareholders. There is no condition for residential status of shareholders. Shareholders can be either individuals or entities or a combination of both for foreign subsidiary incorporation.

Nikita Bhatia

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