Contact information
Home page
Healy Consultants
Asia Property Consultants
Search Engine Advertising Site
Singapore company formation
Hong Kong company formation
Australia Business Set Up
India Investment Centre
India Tax Authority
Central Bank of India
India Stock Exchange
Ministry of Finance
Chamber of Commerce
UN India page
World Bank India page
WTO India page
India Tourism Board
India newspaper
India hotels
Starting a Company in India

Starting a company in India is an excellent option for entrepreneurs and organisations looking to invest in an ever-expanding economy. India boasts the world’s 12th largest economy, growing at an average 7% annually for the past 7 years. The following information provides an overview of the procedures for starting a company in India.

1.
Company law is outlined in the India Companies Act 1956 and company incorporation is controlled by the Registrar of Companies at the Ministry of Corporate Affairs (MCA).
2.
After starting a company in India, India company details are available for public viewing through the MCA’s online public register. This information includes shareholders and directors details, date of incorporation, amount of share capital and registered office address.
3.
Of the many legal entities permissible in India, the majority of entrepreneurs starting a company in India do so through an LLC. The government fee to register an LLC is US$100.
4.
India's complex business regulations and bureaucracy are factors in its low ranking of 120th in the World Bank's Doing Business 2008 Survey, and this discourages many foreign investors starting a company in India.
5.
In accordance with the India Companies Act 1956, each company must appoint at least two directors. However, corporate directors are not allowed. At least two shareholders must be appointed be they local and international, corporate and individual shareholders. The company secretary must be resident in India and the company must have a registered office in India.
6.
When starting a company in India, a local, resident company secretary must be appointed. A company in India also requires a local registered office.
7.
When starting a company in India, the said company must inject a minimum paid up capital of US$2,250 into the corporate bank account before completion of company incorporation.
8.
After starting a company in India, it is necessary to submit audited financial statements and annual corporate tax return to the Income Tax Department.
9.
An India representative office is the least popular legal entity for foreign investors, and is only useful for entrepreneurs wishing to conduct preliminary market surveys and feasibility studies before making a long-term investment commitment to India.
Contact Us
For more information on setting up a company in India, 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

 

 


BUY OUR ASIA BUSINESS BOOK
 

 

 

Free Live Chat Software

 

 
Singapore | Hong Kong | Australia | Malaysia | India | Japan | China | Dubai | Thailand | Vietnam

Set Up a Company in Singapore | Cyprus Company Formation | Starting a Business in Singapore | Starting a Company in Singapore | Singapore Business Set Up | Offshore Banking in Singapore | Dubai Airport Free Zone Company | Set Up a Company in Dubai | Investing in Dubai | Singapore Property | Hong Kong Property | Asia Property Investment | International Mortgage Financing | Financing for International Property | International Property Loans | Foreign Currency Real Estate Loan | Real Estate Finance | Financing for Real Estate | Asia Real Estate | Virtual Office Services | Singapore Office Space | Office Space in Singapore | Hong Kong Virutal Office | Ireland Company Set Up| Incorporating in IrelandSingapore 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