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Showing posts from April, 2024

From Registration to Recognition: Setting Up Your Company in India

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Due to its fast-growing economy and large consumer market, India attracts foreign investors seeking business presence. Company setup in India requires several steps and regulatory requirements. Foreign entities operating through liaison offices, representative offices, or fully-owned subsidiaries must navigate the regulatory environment to comply with Indian laws. Categories of Organizations International businesses can opt to operate in India as liaison offices or as Indian entities by setting up separate legal entities there. The following entity kinds are the most popular among overseas investors: Private Limited Company Limited Liability Partnership (LLP) Liaison Office Wholly Owned Subsidiary Procedure for Registration and Legal Needs Legal procedures and government clearances are needed for company setup in India. Creating a private limited company requires a minimum number of Indian shareholders, directors, and directors. Indian company registration is handled by the Ministry ...

Your Gateway to Indian Business Harmony: Setting a Company in India

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To setup a company in India as a promising market in the dynamic global business landscape is a big thing. These organizations use liaison offices, often called representative offices, as tactical entrances. These offices provide contact between the international parent firm and Indian stakeholders. This handbook simplifies the liaison office opening process by covering registration, legal requirements, vital procedures, and key criteria to ensure compliance. Procedure for Registration and Legal Needs To setup a company in India , you must first learn the legal criteria and registration process.  Following RBI requirements is essential. Approval requires a USD 50,000 net worth, three years of success, and other prerequisites. A liaison office requires a Board Resolution, Certificate of Incorporation/Registration, Memorandum & Articles of Association, parent business financial statements, signatory's passport and power of attorney, proposed Indian activities, and official repre...