Foreign Company Registration in India
Are you looking for Foreign Company Registration in India? We are the best consultants in India for Foreign Owned Company Registration services. Get your Foreign Company registered in India with Non-Indian Citizen (Foreign) ownership/shareholders and a foreign director. Connect with us. Our expert Chartered Accountant, FEMA Expert, and Company Secretary will provide guidance on Setup of Overseas Business in India, Foreign Company Registration rules, the incorporation process, documentation, compliance, and charges.
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Incorporation of Foreign Owned Company in India
Any foreign national can establish a company in India through various forms of foreign companies. With the rapid growth of the Indian economy, Information and technology (IT) development in India, easy availability of human manpower, lower compliance, and the largest consumer market, multinational businesses can expand their operations in India. Moreover, as per the latest Companies Act Amendment, the establishment of a foreign company in India by foreign citizens, Indian Overseas Citizens (IOC), and NRIs has become smoother and easier.
Currently, India is a hub for Foreign Business Processing Outsourcing (BPO), Knowledge Processing Outsourcing, Accounting Outsourcing, Recruitment Process Outsourcing, and Marketing. Numerous outsourcing units have been established in India by various countries such as the USA, Canada, the United Kingdom (UK), Australia, and other European and American companies.
In India, a foreign-owned company can be registered through:
- Private Limited Company with a foreigner as a shareholder and director.
- Foreign company branch office in India.
- Wholly foreign-owned subsidiary company in India.
- Liaison office.
- Joint venture with an Indian firm.
Thus, the registration of a company with foreign ownership can be done through various modes. Additionally, there is no need for physical presence during the incorporation process for foreign owners and directors. Contact our Foreign Company Registration experts; we provide consultancy for foreign companies across all cities of India.
Complete Setup of Foreign Company & Compliance Consultancy
Vakil Adda is the one-stop solution for consultancy services related to companies owned by foreign nationals in India. Our experienced team of Certified Public Accountants (referred to as CA in India) is here to assist you in setting up a 100% Foreign Owned Indian Company. We offer comprehensive services covering registration, procurement, and compliance, all under one roof. Our services include:
- Setup of a Foreign Owned Company in India.
- Obtaining various tax registrations and opening a bank account.
- Procurement of necessary business licenses to operate in India.
- Payroll management of employees.
- Accounting services for the company.
- Filing of monthly and quarterly returns to the tax department.
- Annual filing of the company with the Registrar of Companies.
- Audit services for the company.
- Safe Harbor (Transfer Pricing Compliance).
- Assistance with any special approvals required from FDI, RBI, FEMA, etc.
What are the documents required of Foreign Nationalist for Registration of Foreign Owned Company in India?
Foreign citizens who wish to own or direct an Indian company via Foreign Company Incorporation are required to provide the following documents:
- Photo
- Passport of Foreign Country
- Bank Account Statement
- Utility Bill (Telephone/Mobile/Internet/Electricity or Fuel, etc.)
- Telephone Number
- Email ID
- Driving License or Voting Right Card or Any Other National ID Card
(In Case of Company is Owner – Company Registration Certificate with their Representative Documents Required)
Criteria for Registering a Foreign Company in India
To incorporate a foreign company in India, the following requirements must be fulfilled:
- At least one Indian director is required.
- One business place in India is required for registration purposes.
If the Indian company is owned by the same director or a relative of the director of the foreign company, and the Indian company is conducting business with a related party of the foreign company, then the Safe Harbour Rule will apply.
Benefits of Engaging in Business in India as a Foreign Company
Manpower Hub:
India is a global manpower hub.
Businesses in India requiring high manpower resources at a lower cost gain a competitive advantage worldwide.
Skilled Workforce:
Skilled workforce available at a reasonable cost.
Benefits Knowledge Processing Outsourcing (KPO) and accounting firms.
Semiskilled Manpower:
Semiskilled manpower available at a low cost.
Supports the growth of Business Process Outsourcing (BPO), RPO, and functions like customer care support and marketing.
Cost-Effective Company Operations:
Low compliance cost for running a company.
Easy availability of resources.
Economic Growth and Demand:
Robust economic growth in India leads to high demand.
India has the world’s largest consumer market.
Information Technology Workforce:
India has the highest Information Technology (IT)-related business workforce.
Process of Incorporation of Company in India with Foreign Ownership
We will analyze your requirements for Foreign Ownership and Foreign Directorship. Additionally, we will guide you through the rules, compliance, document requirements, and the process of forming a foreign subsidiary company in India.
After that, you need to send us the documents of the foreign owner and director. We will initiate the new company registration process. Video verification and mobile OTP are required during the process.
Your foreign company will be prepared within five to seven days, along with other bundled offers. We will furnish you with all necessary documents, certificates, etc. Furthermore, we will commence the process of opening a bank account for your company.
Our Global Clients (From Various Countries Across World)
Some of big Business Corporate have Incorporated their Foreign Owned Company in India
- On the American continent, firms such as MediaNV, Growme Envious Digital Solutions, and MNV Infotech, based in Canada and the United States, are actively involved in providing Digital Marketing and IT Services.
- On the European continent, companies like Medecho Limited, Rafindia Medecho, and KBSA Staffing Solutions, headquartered in England (UK), specialize in offering BPO, KPO, and RPO Services.
- In Australia, United Consultancy stands out as a BPO and KPO firm.
- Additionally, Dubai hosts various merchant firms
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Frequently Asked Questions on Private Limited Registration
Yes, Company Registration with Foreign Member or Director can be registered with remote foreign location.
Foreign owners and shareholders are liable only up to the investment amount in the company. There are no legal complexities regarding any tax or legal matters, as they are not the responsibility of the owner.
As per Latest Company Registrar Report Countries like United States, Japan, Germany, Australia, Singapore, the Netherlands, the United Kingdom, and Mauritius have highest number of company registered in India.
Yes, Our CPA/CA Specialist for Foreign Company Consultancy is available across India Including Delhi, Mumbai, Kolkata, Chennai, Bangalore, Hyderabad, Pune, Ahmedabad, Surat, Jaipur, Lucknow, Kanpur, Nagpur, Indore etc.
