Foreign Company Registration
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India is a rapidly growing country with a vast human resource base and a massive market of 1.2 billion people. The country has attracted significant Foreign Direct Investment (FDI) due to its immense potential and market size. Trends indicate that the FDI inflow into India is steadily increasing, with many foreign businesses choosing to start operations in the country.
Mandatory requirements for the establishment of a Company in India:
- Minimum number of Directors
A minimum of two individuals and an address is required in India. If we are talking about a private limited company, it should have at least two directors (individuals) and a minimum of two shareholders (can be individuals or even corporateentities). - Resident Director (One Indian Director)
One of the Director of the Company must be an Indian Citizen and also an Indian Resident (any individual who has continuously stayed in the country of India for over 182 days). - 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.
Information/ Documents Required from Foreign Company
Here is the step-by-step procedure for a company willing to change its name:
Conduct Board Meeting: Directors discuss the proposed name. A notice of 7 days is issued to convene the board meeting and pass the necessary resolution for name change. Resolutions passed include:
Authorization to apply to ROC for confirming the availability of the selected name.
Fixing the date, time, and venue for the Extraordinary General Meeting (EGM) to approve the new name and alter the Memorandum of Association (MOA).
Check Name Availability: Check the name’s availability through MCA to ensure it’s not registered as a trademark or company name.
Apply Online for Name Approval: Apply through the web service RUN for name approval. Up to two names can be applied with a fee of INR 1000. Attach the board resolution authorizing the name change.
Conduct EGM: After ROC approves the name, convene an EGM to pass a Special Resolution approving the name change and amending the MOA & AOA.
File with ROC: Within 30 days of the EGM, file the Special Resolution with ROC in form MGT-14, along with annexures:
Certified True Copy (CTC) of Special Resolution
Notice of EGM with explanatory statement
Altered MOA
Altered AOA
Approval of Central Government: Obtain approval by filing form INC-24 with the Central Government. Attach the EGM minutes with the Special Resolution.
New Certificate of Incorporation: After completion of the name change process, ROC issues a new Certificate of Incorporation (COI) with the amended name, effective from the date of issuance.
Explore Our Fees
Basic
Suitable for Starter
$300/-
2 Digital Signature Certificates
2 Director Identification Numbers
Name Approval Application
Stamp duty on INR 1 Lakh Authorized Capital
Company Incorporation
Drafting Of Memorandum
Drafting Of Bye-Laws
PAN Application
PAN Application
25 Copies of MOA & AOA
10 Copies of Share Certificate
Company Stamp
GST Registration
Premium
Suitable for profession
$450/-
2 Digital Signature Certificates
2 Director Identification Numbers
Name Approval Application
Stamp duty on INR 1 Lakh Authorized Capital
Company Incorporation
Drafting Of MOA & Bye-Laws
PAN & TAN
Trademark (1 application 1 class) (start ups & small business)
GST & IEC Registration
Statutory Register & Company Stamp
Minutes Drafting- 4 Board Meeting & 1 Annual General Meeting
1st Income Tax filing upto a turnover of Rs. 50 Lakhs
25 Copies of MOA & AOA
10 Copies of Share Certificate
Pro
Suitable for Corporates
$600/-
2 Digital Signature Certificates
2 Director Identification Numbers
Name Approval Application
Stamp duty on INR 1 Lakh Authorized Capital
Company Incorporation
Drafting Of MOA & Bye-Laws
PAN & TAN
Trademark (1 application 1 class) (start ups & small business)
GST & IEC Registration
Statutory Register & Company Stamp
Minutes Drafting- 4 Board Meeting & 1 Annual General Meeting
1st Income Tax filing upto a turnover of Rs. 50 Lakhs
1 Year TDS Filing upto 1000 entries
1st Annual Filing upto turnover of Rs. 50 Lakhs
25 Copies of MOA & AOA
10 Copies of Share Certificate