Contact information
Home page
Healy Consultants
Asia Property Consultants
Search Engine Advertising Site
India Tax Authority
Central Bank of India
UN India page
World Bank India page
WTO India page
India Tourism Board
India newspaper
India hotels


 

BUY OUR ASIA BUSINESS BOOK
 
India Company Incorporation
India company incorporation is a useful way to take advantage of opportunities in the world's 12th largest economy depsite having limited use for international trading due to high taxes and tariffs. Points to note include:
1.
Indian companies are regulated by the India Companies Act 1956, with company incorporation controlled by the Registrar of Companies at the Ministry of Corporate Affairs (MCA). The process can normally be achieved within three weeks, depending on the shareholders' and directors' ability to provide required due diligence.
2.
According to Indian company law, each corporate entity requires a minimum of two directors, who can be of any nationality but who must be individuals. Furthermore, two shareholders are required, who can be of any nationality and can be either individual and corporate.
3.
To comply with India incorporation law, every company must appoint an India-resident individual company secretary, and have a registered office in India.
4.
Applications are filed at the MCA, along with a government company registration fee of US$100. A company is also required to inject a minimum of US$2,250 into a local corporate bank account during incorporation, which is inconvenient for some foreign entrepreneurs. However, most investors engage an India-based professional corporate consulting firm to handle incorporation and pay government fees, including the capital minimum requirement.
5.
To improve corporate transparency, the MCA has an online public register, where corporate details are available for public viewing. These include shareholders' and directors' information (for example, names, nationality and address), date of company incorporation, amount of share capital and India registered office address.
6.
Annual financial statements and annual corporate tax returns must be submitted to the Income Tax Department. Because Indian tax law is complex, most entrepreneurs engage the services of a professional tax Firm to assist with these functions.
7.
The majority of foreign entrepreneurs choose an India limited liability company (LLC) to conduct business in the country. Alternative corporate structures available include the Branch Company, Representative Office and Sole Proprietorship. For detailed information on these entities and their advantages and disadvantages, purchase our Asia Business Set Up book,contact email@healyconsultants.com or call us in Singapore at (+65) 6735 0120.
Contact Us
For more information on India company incorporation, contact email@healyconsultants.com or call us in Singapore at (+65) 6735 0120.

 

Buy the India chapter of Healy Consultants' Asia Business Set Up book for US$100, to order call +65 6735 0120 or e-mail email@healyconsultants.com

 

© 2006-2011 Asia Business Setup Pte Ltd
Singapore | Hong Kong | Australia | Malaysia | India | Japan | China | Dubai | Thailand | Vietnam | Bahrain | Indonesia | Philippines | Qatar

Australia Business Formation | Australia Business Set Up | Australia Business Start Up | Australia Company Set Up | Forming a Company in Australia | Incorporate a Company in Australia | Set Up a Company in Australia | Tax Planning in Australia | Hong Kong Company Formation | Hong Kong Company Registration | Hong Kong Company Setup | Hong Kong Business Set Up | Hong Kong Business Formation | Hong Kong Offshore Banking | Hong Kong Offshore Company | Offshore Company in Hong Kong | Set Up a Company in Hong Kong | Setting Up a Company in Hong Kong | Singapore Company Formation | Singapore Company Incorporation | Singapore Company Registration | Singapore Company Set Up | Singapore Corporate Bank Account | Singapore Corporate Formation | Singapore Incorporation | Singapore Offshore Banking | Singapore Offshore Company | Starting a Business in Singapore | Starting a company in Singapore | Tax Planning in Singapore

Singapore Company Formation | Singapore Company Incorporation | Singapore Company Set Up | Singapore Company Registration | Starting a Business in Singapore | Investing in Singapore | Starting a Company in Singapore | Tax Planning in Singapore | Establishing a Company in Singapore | Building a Business in Singapore | Offshore Bank Accounts | Singapore Property | International Mortgage Financing | International Property Loans | Financing for Real Estate | International Home Loans | Asia Real Estate | Singapore Virtual Office | Singapore Office Space | Office Space in Singapore | Ireland Company RegistrationSet up an Offshore Company | Register an Offshore Company | Offshore Financial Advisors | Offshore Company Set Up | Setting Up a Company in Hong Kong | Hong Kong Brokerage Account | Hong Kong Company Setup | Singapore Offshore Banking | Singapore Business Setup | Establishing a Company in Hong Kong | Establishing a Business in Hong Kong | Malaysia Business Setup | Forming a Company in Malaysia | Incorporate a Company in Malaysia | Japan Company Formation | Japan Company Registration | Incorproate a Company in Japan | China Incorporation | Thailand Incorporation| Hong Kong Company Incorporation | Company Formation in Hong Kong | Hong Kong Bank Accounts | Investing In Hong Kong | Starting A Business in Hong Kong