Setting Up Business in India

Our commitment towards excellence and maximum client satisfaction enables us to assists our clients with Setting up Business in India. We follow well defined service plan and are supported by professionals holding rich industry experience. This helps our global clients an easy access to different industrial sectors as needed by them. Moreover, we also emphasize on every detail while maintaining close proximity with clients regarding best legal advices.

The following constitutions are an available option for Setting up Business in India:

• A Private Limited Company in India / Public Limited company in India
• Set up companies in India both singly or jointly with an Indian counterpart

To open a private company, following are the alternatives:

• A minimum of two shareholder
• Minimum of two directors
• A minimum capital of Rs.1 Lakh

Note: For opening a private limited company a capital of minimum Rs. 5 Lakh is required and is prohibited to invite public to subscribe to its shares.

Our services involve the following procedure:

• Identifying & advising appropriate type of Company - Private, Public of Non Profit
• Selection of available name for the proposed company under prescribed guidelines
• Apply for Directors Identification Number & Digital Signatures
• Drafting of Objects, Activities and Memorandum and Articles of Association of the company
• Stamping, certification & filing of necessary forms and obtaining approvals with the Registrar of companies
• Preparation and filing of Prospectus/Statement in lieu of Prospectus
• Obtaining Certificate of Commencement of business (in case of public limited)

Liaison office in India:

We are also equipped with Liaison office in India that is set up on the approval of the Reserve Bank of India (RBI) to carry out activities that are as follows:

• Collection of information or execution of a project
• Promotion of exports/imports
• Facilitate technical/financial collaborations

Liaison offices are also restricted in carrying out these activities as they are not allowed to undertake any commercial activity directly or indirectly

Branch Office in India:

In order to carry out business in India, any foreign company can set up a branch office under the regulatory control of the Registrar of Companies for the following purposes:

• Rendering professional or technical consultancy services
• Export/Import of goods or promotional marketing
• Promoting technical or financial collaborations between Indian companies and parent or overseas group company
• Rendering technical support to the products supplied by the foreign company

Advantages enjoyed by a branch office over a representative office are as follows:

• Acquire assets such as immovable property
• Remit its profits after paying the applicable taxes to its parent company
• Treated as an extension of foreign company for taxation purpose