{"id":9321,"date":"2018-05-10T18:28:20","date_gmt":"2018-05-10T12:58:20","guid":{"rendered":"https:\/\/enterslice.com\/learning\/?p=9321"},"modified":"2019-06-29T12:04:30","modified_gmt":"2019-06-29T06:34:30","slug":"foreign-company-registration","status":"publish","type":"post","link":"https:\/\/enterslice.com\/learning\/foreign-company-registration\/","title":{"rendered":"Procedure of Foreign Company Registration in India"},"content":{"rendered":"<h2><strong>Foreign Company Registration in India<\/strong><\/h2>\n<p>A business can be set up by the <a href=\"https:\/\/enterslice.com\/learning\/registration-of-foreign-company-in-india\/\">foreign companies in India<\/a> 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 <a class=\"glossaryLink\"  aria-describedby=\"tt\"  data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Market&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;A market is a structured environment, either physical or virtual, where buyers and sellers convene to trade goods and services. This trading hub operates based on the principles of supply and(...)&lt;\/div&gt;\"  href=\"https:\/\/enterslice.com\/learning\/terms\/market\/\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]'>market<\/a>, FDI inflows are day by day increasing.<\/p>\n<p><strong><em>A foreign company can be set up by the following two steps:<\/em><\/strong><\/p>\n<ul>\n<li>Either by incorporating a new company;<\/li>\n<\/ul>\n<p>Setting up a new company in India by foreign nationals is the easiest way of entering.<\/p>\n<ul>\n<li>Or by setting up branch\/ liaison office<em> (Liason office\/ Representative office)<\/em> in India.<\/li>\n<\/ul>\n<p>Whereas setting up branch or liaison office requires prior approval of the <a href=\"https:\/\/www.rbi.org.in\/\">Reserve Bank of India<\/a>, therefore, it is a time-consuming process.<\/p>\n<h2><strong>What are the mandatory requirements for setting up a foreign company in India?<\/strong><\/h2>\n<ul>\n<li>In the case of <a href=\"https:\/\/enterslice.com\/company-registration\">Private Limited Company<\/a>, there is a requirement of at least two directors and two shareholders. <a href=\"https:\/\/enterslice.com\/shareholders-agreement\">Shareholders<\/a> can be individual as well as the body<\/li>\n<li>One director must be an Indian resident and citizen who has stayed in India for past 186 days.<\/li>\n<li>For a foreign company, the preferred legal entity is a type of entity where there are three directors out of which two can be foreign nationals but one has to be an Indian resident.<\/li>\n<li>If we talk about shareholding then there are no such rules so foreign nationals can hold 100% shares in the company.<\/li>\n<li>Another mandatory requirement is of registered office in India. Usually, the registered office is set up by foreign Companies in metro cities.<\/li>\n<\/ul>\n<h2><strong>What are the documents required for foreign company registration in India?<\/strong><\/h2>\n<p>Following documents are required to set up a <a href=\"https:\/\/enterslice.com\/learning\/registration-of-foreign-company-in-india\/\">foreign company in India<\/a>:<\/p>\n<ul>\n<li>Copy of passport of foreign nationals;<\/li>\n<li>Address proof of foreign nationals (Driving license \/ Bank Statement)<\/li>\n<li>Copy of original documents should be notarized in the country of foreign nationals or by the Indian embassy in the foreign director&rsquo;s country.<\/li>\n<li>If a foreign company wants to become shareholders in an Indian Company then the copy of board resolution from such foreign company authorizing the investment in an Indian company.<\/li>\n<li>Foreign nationals can incorporate a company in India without being present in India.<\/li>\n<\/ul>\n<h2><strong>What are the after incorporation formalities?<\/strong><\/h2>\n<p>After <a href=\"https:\/\/enterslice.com\/learning\/company-incorporation-compliances\/\">company incorporation<\/a>, 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.<\/p>\n<p>After the above-mentioned regulations Company will get ready for operations.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Foreign Company Registration in India 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 [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":9322,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1322],"tags":[51,1624,218],"acf":{"service_id":"1"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v14.6.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Procedure of Foreign Company Registration in India | Enterslice<\/title>\n<meta name=\"description\" content=\"Procedure of Foreign Company Registration in India - learn the requirement, Procesds &amp; Document required for Foreign Company Registration in India.\" \/>\n<meta name=\"robots\" content=\"index, follow\" \/>\n<meta name=\"googlebot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"bingbot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterslice.com\/learning\/foreign-company-registration\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Procedure of Foreign Company Registration in India | Enterslice\" \/>\n<meta property=\"og:description\" content=\"Procedure of Foreign Company Registration in India - learn the requirement, Procesds &amp; Document required for Foreign Company Registration in India.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterslice.com\/learning\/foreign-company-registration\/\" \/>\n<meta property=\"og:site_name\" content=\"Enterslice\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/enterslice\" \/>\n<meta property=\"article:author\" content=\"enterslice\" \/>\n<meta property=\"article:published_time\" content=\"2018-05-10T12:58:20+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-06-29T06:34:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2018\/05\/Foreign-Company-Registration.png\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"500\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:creator\" content=\"@enterslice\" \/>\n<meta name=\"twitter:site\" content=\"@enterslice\" \/>\n<!-- \/ Yoast SEO plugin. -->","authorName":"Narendra Kumar","authorImageUrl":"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2019\/04\/nk-1.jpg","authorDescription":"Experienced Finance and Legal Professional with 12+ Years of Experience in Legal, Finance, Fintech, Blockchain, and Revenue Management.","postViews":621,"readingTime":2,"nextPost":{"id":9327,"slug":"stock-agreement-format"},"prevPost":{"id":9315,"slug":"angle-funds"},"featuredMediaUrl":"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2018\/05\/Foreign-Company-Registration.png","postTerms":"Company Registration","_links":{"self":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/posts\/9321"}],"collection":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/comments?post=9321"}],"version-history":[{"count":0,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/posts\/9321\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/media\/9322"}],"wp:attachment":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/media?parent=9321"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/categories?post=9321"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/tags?post=9321"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}