How to Incorporate Company in India - Best Company Formation Services by Choice

How to Incorporate Company in India - Best Company Formation Services by Choice

DOING BUSINESS IN INDIA

Want to do business in India? In this video, you will find some key highlights in order to register your company and establish operations in India as a foreign investor. For more information please contact:-

Website : https://choiceindia.com/
Email : internationalbusiness@choiceindia.com
Contact No.: +91 22 6707 9444

INDIA AT A GLANCE
1. GDP – Nominal : $2.62 trillion
2. GDP per Capita : $1,900
3. Population, total : 1.38 billion
4. Labor force, total: 471 million

WHY INDIA?
1. Stable economy
2. Business reforms
3. Digital competitiveness
4. Massive consumer market

TYPES OF LEGAL ENTITIES FOR FOREIGNERS:
1. Private Limited Company
2. Public Limited Company
3. Limited Liability Partners (LLP)
4. Liaison Office, Branch Office, Project Office


BASIC REQUIREMENTS TO FORM AN AUTHORISED COMPANY

• Minimum 2 Shareholders
• Minimum 2 Directors
• No Minimum paid up capital requirement
• A local registered office address

REGULATORY APPROVALS (FDI)
Sr. No. Sector/ Activity Sectoral Cap
1. Terrestrial Broadcasting FM (FM Radio) 49%
2. Private Security Agencies 49%
3. Telecom Services 49%
4. Private Sector Banking 49%
5. Power Exchanges 49%


DOCUMENTS REQUIRED
For Foreign Directors/ Shareholders:
• Passport copy duly notarized and apostilled
• A passport-sized photograph
• Proof of address

For Indian Directors/ Shareholders:
• Self-attested PAN card copy
• A passport-sized photograph
• Proof of address

For Parent Entity looking to form a Subsidiary in India:
• Certificate of Incorporation, Memorandum and Articles of Association
• Proof of address
• Board Resolution to authorize director on behalf of the company to form company

TIME FRAME
It takes approx. 15 days’ time to complete the whole process of setup.

POST INCORPORATION FORMALITIES
• PAN/ TAN Registration
• GST
• Shop & Establishment
• Activity Specific License
• Bank Account Opening
• PF/ ESIC registration if hiring employees

OUR SERVICES FOR COMPANY FORMATION IN MAURITIUS
• Choosing the right structure
• Incorporation of the entity
• Tax Registrations
• Accounting & Other Compliances
• Regulatory Approvals
• Finding suitable Partners if required
• Finding qualified and capable candidates for Directorship in India

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