Registration of Foreign Company in India

Are you looking for Registration of Foreign Company in India? One of the most effective ways to do so is through registering a private limited company. Unlike proprietorship, partnership firm, or one person company, foreign direct investment (FDI) is not only allowed in private limited companies, it is also allowed through the automatic route. This means that the process is streamlined and less time-consuming. In addition to being the most ideal type of business for foreign registration, private limited companies also offer a number of advantages. These include the limited liability of its members, the flexibility of a partnership firm, and the stability and separate legal entity of a company. This makes private limited companies an ideal choice for startups looking to raise capital from financial institutions.

At VenturEasy, we specialize in helping NRIs, foreign companies and foreign nationals navigate the process of registration of foreign company in India. Our team of experts will guide you through the process of compliance with Indian laws and regulations, and assist with setting up a local office and bank account opening. If you are interested in learning more about our services for registration of foreign company in India, please contact us today. We look forward to helping you establish a successful business in the Indian market.

Documents required for Registration of Foreign Company in India

For Directors/Shareholders

One Photograph
Copy of Passport
Copy of Address proof - Driving License/Voter ID
Copy of Bank Statement/Mobile Phone/Landline Telephone Bill
Copy of Business Visa and Proof of Stay in India

NOTE: All the above documents should be notarized by a Public Notary and Appostilled/Consularized by the Competent Authority of the foreign country.

For Company Address

Proof of Registered Address – Sale Deed/Rental Agreement
Copy of Utility bill - Electricity/Landline telephone/Gas Bill - not older than two months.
No Objection Certificate for use of premises, if required

Choosing a Name for your Private Limited Company

Certain important points should be kept in mind when choosing a name for private limited company registration:

Make sure that the Company name is unique and does not resemble the name of any other existing Company or LLP.
It is easier to obtain a name if it depicts the objects of your company.
The name should not include any word which is a registered trademark or has been applied for Trademark registration.

Process of Foreign Company Registration in India

It usually takes 15-20 days to register a Private Limited Company in India, subject to ROC processing time. VenturEasy makes Foreign Company Incorporation in India easy for you. Registering a foreign company in India involves a straightforward three-step process:

Name Approval

2-4 working days

Procurement of DSC

1-2 working days

Incorporation Application

10-15 working days

Step 1. Name Approval: The first step towards incorporation of foreign company in india is reserving the Company name. In case of a subsidiary company, it is permissible to use the same name as that of the foreign company with the addition of the word “India” to it. The name is approved, provided the same is not identical to existing entities or considered undesirable by law.
Step 2. Procurement of DSC: In parallel, the Digital Signature Certificate (DSC) will be procured for the proposed directors of the Company. This DSC is required to file the Incorporation application digitally and will also be used for future compliance reporting.
Step 3. Incorporation Application: This is the final step to the foreign company incorporation in India. It requires filing of the Memorandum and Articles of Association of the Company along with various other documents duly executed by the proposed directors and shareholders to the Ministry of Corporate Affairs.

List of Incorporation documents to be executed:

Articles of Association
Memorandum of Association
Declaration by Directors in form DIR 2
Declaration of Directors/Shareholders and Authorized Representative in Form INC 9
PAN Undertaking from foreign company and directors

Generally, the incorporation documents are required to be self-attested by Indian Nationals. However, in case of Foreign Nationals, the process is as under:

If the documents are signed outside India, then the same have to be notarized by a Public notary of the residence country and consularized or apostilled by the competent authority, as the case may be.

If the documents are signed in India, then copy of Visa and stamped passport, proving his/her presence in India at the time of signing is required.

If the subscriber is a foreign entity, then the Incorporation documents should be signed by the representative of the foreign entity. An Authorization Letter duly stating the name of the Authorized Person and the number of shares subscribed should be notarized, consularized or apostilled, as the case may be in the home country of the subscriber company.

Once the Incorporation application is approved, the Registrar would issue a Certificate with a Corporate Identification Number (CIN). The PAN and TAN of the Company would also be allotted simultaneously.

Process of Registration of Foreign Company in India

Registration of Foreign Company in India

Starts at INR 33000