In this blog we will discuss that how a Foreigner/ Non resident Indian can register a company easily in India .
An Applicant can apply for Company Registration in India either Online or Virtual , and can easily get its company incorporated in India .
How to register a company in India from USA
The very first step to start with the registration process of company is to decide the name of your business entity i.e. firstly name of the Business Entity is to be chosen before applying for company registration. You can Register Private Limited Company, LLP, Partnership etc in India from USA completely online. According to BIATConsultant , it is advisable to register a LLP or a Private Limited Company in India since these requires very minimal legal requirement in India , and can be carried on in India with minimum requirement .
Conditions for Registration of a Company in India from USA
There are certain conditions which needs to be fulfilled in order to start a Company in India right from sitting in USA:
- Firstly you need to make sure that there should be One Indian Resident to be a Director of the said company ( in case you don’t have , don’t worry , BIATConsultant will provide you with sleeping director for the same at initial stages) along with his/her documents and KYC details in order to get DIN Number and DSC (Digital Signature ) Number in India.
- Secondly, Foreign Direct Limit is to be checked, as in case of formation of a company. If the sector comes in Automatic routes, it will not require any prior permission of RBI. however, if the sector belongs to 100% FDI route, prior permission of concerned ministry of Central Government or RBI is required to start a business and name application needs to be done for company along with the preparation of MOA, AOA of the company.
- Thirdly , you have to make sure that you have all the documents in place for company registration and all documents are notarised from your local country and you must send all the necessary documents in well scanned format to a business consultant who is applying for the same .
Documents required to Register a Company in India from USA
Here are the list of documents which are required to register a Company in India from USA:-
- Valid Passport
- Driving License from issuing country
- Voter Id of the issuing country.
- Social security Number(SSN)
- Bank Statement of last 6 month
- Photographs
- A resident permit issued by an Indian embassy ( in case you want to reside )
- Copy of valid business visa issued by foreign national
Documents required if a foreign company is trying to register a company in India ( Subsidiary of Company ) :
If any Foreign Company wants to register a company in India then following documents are required and they are follows:
- Certificate of incorporation that proves that a company is legally formed and registered.
- Board resolution of foreign company
- Copies of valid address proof of foreign company
The process of registration of Company in India from USA :
- The Applicant must have a valid account with the MCA portal in India ( It is preferred to get help of business consultant to do the same ). And if you are not having a account with MCA portal then you can easily sign up with the portal in order to process the company registration in India.
- Firstly, you need to apply form DSC ( Digital Signature Certificate), for this you can directly approach the certified authorities to get DSC registered or otherwise you can directly take help of a professional like BIATConsultant for the DSC.
- Once you have made an account with MCA Portal and also DSC is prepared, then you can visit this link of MCA , after which you can apply for the name of the company through Run Form.
- The applicant after logging into the account, by entering the name of the business entity he must check that whether that name is available or not, and after choosing the name it has to be submitted through Run form along with the prescribed fees of Rs. 1000/-, after which MCA or personnel of central registration will check for the name, and if the name is unique then they will sanction through MCA within 1 to 2 weeks.
- After the Application for Name approval, applicant must apply for DIN Number or Director Identification Number. In order to obtain the DIN Number, you have to fill SPICE Form, and there you need to submit the details of the Director for whom the DIN Number is to be allotted along with the PAN card and passport.
- And after the above steps your company will be incorporated and certificate of Incorporation will be issued to you and your company will be formed in India from USA.
The company registration in India is only possible with the help of CA/CPA in India who is registered with MCA Portal , and can aids you with all the documentation process along with after company formation compliance service at nominal cost . Check BIATConsultant.com to know more about it