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A business can be set up by the foreign companies in India by full filling the conditions prescribed by the government for setting up a foreign company registration in India. India is a developing country comprising the huge population. As India provides a huge market, FDI inflows are day by day increasing.
A foreign company can be set up by the following two steps:
Setting up a new company in India by foreign nationals is the easiest way of entering.
Whereas setting up branch or liaison office requires prior approval of the Reserve Bank of India, therefore, it is a time-consuming process.
Following documents are required to set up a foreign company in India:
After company incorporation, a bank account can be opened in the name of the Company. After bank account opening there is a requirement of FDI reporting with the Reserve Bank of India.
After the above-mentioned regulations Company will get ready for operations.
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