Foreign Company Registration – Start Doing Business in India

Oct 21
14:59

2013

Ankit Jain1

Ankit Jain1

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“Company Formation Services in India is quite helpful, when you are looking forward to enter in starting business in India. The professional firms help you to get the Foreign Company Registration as...

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“Company Formation Services in India is quite helpful,Foreign Company Registration – Start Doing Business in India Articles when you are looking forward to enter in starting business in India. The professional firms help you to get the Foreign Company Registration as per the Indian company legal norms.”

In order to run a business in India successfully, foreign business enterprises have to attain the status of a company. These foreign companies have to register and get the status of a company under the purview of the Companies Act.

Companies in India are basically categorized on the nature of business activities, Membership, Management control, Business Liabilities and Registration. There are basically three ways to enter and start doing business in India. As far as Foreign Company Registration is concerned, it can either be of Public Limited, Branch Office or Private Limited Company.

Company Formation Services in India

The registration of a company is an essential task and it includes several crucial tasks. It needs a professional expertise that can facilitate you in getting the status of a company in India so that you can easily start the business operations over there. Now, in order to register your company in accordance to the Indian law & regulations, you have to contact the professional service providers for Company Formation in India.

There are a lot of Company Formation Services, India providers available online with their services on offer, but you have to go wise and choose the Company Formation professionals that have wide exposure to deal with it. You must have to check out the previous business portfolio before choosing one to go ahead for establishing your business here in India.

Private Limited Company Formation

Private Limited Company Formation is the best way, if you are looking ahead to do business flawlessly. There is a pre-set procedure for a Private Limited Company registration.

1)      Select some suitable names in a preferential order that must indicate the company objective as well. The company name must not match with any other company name already in existence. It should not violate the Emblems and Names Act, 1950.

2)      After the name has been approved, it’s now the turn to apply for registration of the company. You have to fill e-form 1, 18 and 32 for getting approval of the company registration.

3)      The drafting of the Articles of Association & Articles of Memorandum has to be done by solicitors.

4)      Sign the Articles of Memorandum and Articles of Association with at least two subscribers. One person has to become a witness for this entire procedure.

5)      Pay the filing fee and registration fee.

Documents Required                 

Ø  Duly stamped Memorandum of Association and its one copy.

Ø  Duly stamped Articles of Association and its one copy.

Ø  Agreement copy

Ø  Power of attorney

Ø  e-Form No. 1 for company incorporation

Entrepreneurs round the globe are searching ahead for the well proven investment avenues and in this bid, India is regarded as the top known business destination that pulls the attention of businessmen from different parts of the world. If a firm/ company from outside India is looking to expand its business operations, it is required to register it with concerned government authorities in a legal manner.