Applications to set up an Indian limited liability company are filed with the Registrar of Companies at the Ministry of Corporate Affairs (MCA), usually through an India-based professional corporate services Firm. This Firm will legally incorporate your company and act as nominee director and shareholder (if required), company secretary and registered office, assist your firm fulfill statutory legal obligations in India and apply for employment visas for foreign staff following India business start up.

On average it will take approximately seven weeks to complete, including company incorporation and, corporate bank account opening.

India business start up procedures normally involve:

i) Company name check at the MCA office in the state where the company will maintain its registered office;

ii) Filing the Memorandum of Association and Articles of Association with the MCA, along with a) declaration of compliance, duly stamped b) notice of the situation of the registered office of the company c) particulars of the Directors, Manager and Company Secretary and d) the MCA’s company name approval.

Approximately three weeks later, the Registrar of Companies at the MCA issues a Certificate of Incorporation.

Iit is not usually necessary to obtain a license for the business. However, an SEZ Enterprise is an exception. Furthermore, foreign companies wishing to invest directly in Indian projects and companies need investment approval from the Foreign Investment Promotion Board (FIPB) of the Ministry of Finance.

For more information on India Business start up, email email@healyconsultants.com or call us in Singapore at (+65) 6735 0120.

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