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Governmrnt Fee & Taxes are Payable on Actual Basis
Whether the proposed Indian entity is an independent company or a wholly-owned subsidiary, the incorporation process shall remain the same. The first step is to check the FDI Limit of Your Sector and see the minimum requirement for company registration . Generally, the foreign direct investment in India is open under the automatic route from most of the sectors and all countries. However, investments from countries that share land borders with India, such as Pakistan, Bangladesh, Bhutan, Nepal, China and Afghanistan, do not qualify under the automatic route. India is the best destination to do business because of following
Income Tax is Only 15%. World's Best Tax Rate
Easy Availability of Skilled Labour
Manufacturing Hub Led By New Central Govt.
Great Urban & Industrial Infrastructure
One of the World's Fastest Economy
India is the World's Largest Democracy
Most of the sectors are open for foreign direct investment in India under the automatic route, without any prior approval for incorporation of the company. Please refer to the latest RBI Notification or Press Note.
One director of the company must be an Indian Resident. A person is said to be a resident when he/she stays in India for at least 120 days during the previous financial year. The stay can be completed in many trenches.
If the foreign signatory arrives in India on a business visa, then his documents can be attested easily in India; otherwise, the document would require legalization by the Indian embassy or through the Apostille.
All documents of foreign origin and those executed in a foreign territory need to be legalized by way of attestation by the Indian high commission or through apostille in terms of the Hague Convention.
The name of the proposed Company must be unique and should not resemble any existing company, LLP, Trademark or any other business. The subsidiary of a foreign company can have the name of a foreign Company with India as a name. Learn more on How to Keep Company Name in India
|A. Documents of Directors/Shareholder||B. Documents For Registered Address|
FDI is generally allowed in most of the sectors for Starting Business by a foreign investor and however for strategic reasons and internal security following sectors are prohibited for the foreign investors.
“In India there are various types of business which can be set up such as a proprietorship, partnership, one person company, LLP, society, trust etc. However the foreign exchange management act allows a foreign investor to invest in India only in following categories of entities. A foreign investor thus can not invest in a One Person Company, Proprietorship, Partnership Firms. The investment in society, trust and section 8 company or any other association of person is permitted subject to compliance of Foreign Contribution Regulation Act (FCRA)
“Following types of foreign entities can invest in India without any restriction provided the sector is open for investment either under automatic route or approval route.