All you need to know about business registration in India

Register Your Business Online

Registering a business in India is a very quick and online process. India is a land of infinite opportunities and skilled workforce as one would agree. Starting a business in India and Investing was never so easy, cheap and quick. One can start a wholly owned Indian subsidiary anywhere in India. There are no state-specific laws to register your business in India. There is only one central law that governs the Indian Subsidiary Set up across India. All you need a resident Indian director  and a rented (virtual) place of office to get going. 100% ownership, strategic decision -making and control of operations rest with your parent company always.

Benefits of a Foreign Subsidiary Company

• No prior approval of RBI is required for incorporation, if the subsidiary company is related to the sectors like automobiles, agriculture, electronic equipment, etc.
• Subsidiary companies can avail of several tax benefits like incentives, and exemptions prescribed by the government of India depending upon the sector they operate.
• Foreign subsidiary companies generate a lot of job opportunities thereby increasing the economic growth and national income of the country.

Minimum Requirement for Foreign Subsidiary Company:

• Minimum two directors are required for incorporation of the Company. At least one should be a resident of India.
• No minimum capital required to form an Indian Subsidiary Company in India.
• Indian Subsidiary Company must have minimum of two shareholders. Shareholders can be either individual or any entity or a combination of both.
• The Parent Company must hold 50% of total equity share capital
• Director Identification Number for all Directors.

Foreign Subsidiary Company Compliances:

An Indian based subsidiary of any Foreign Company (as defined under section 2(42) of Comapnies Act, 2013) may have to perform the subsequent three categories of statutory compliances with Indian regulatory authorities, mainly:

1. Periodic Compliance
2. Annual Compliance
3. Event Based Compliance

Now outsource your complete legal worries in India, to Barrister Babu. Barrister Babu eliminates the need for you to hire multiple agencies for various functions such as Accounting, Admin, Taxes, Filings, GST, HR, Compliance, Advisory, Vendor Management and Transfer pricing.

There is a substantial amount of interest among foreign companies to start their operations in India and tap into one of the largest and fast-growing markets and have access to some of the best human resources in the world. Cities in India like Pune, Bengaluru, Hyderabad, Ahmedabad are becoming popular IT hub for starting an IT company in India.

A Foreign National or an entity incorporated outside India can invest in India and register a Company in India by acquiring shares of the company, subject to the FDI Policy of India. Once operations are started, repatriation of funds is easy and quick.

At Barrister Babu, we have a separate wing of experts handling matters for Indian Subsidiaries, providing you with expert help at every stage of the process including with the filing forms with RBI. Planning to Start a New Business in India? Kick Start your venture in India. Book the service with us with USD 399 only. Backed by various payment methods through banks & Money Back Assurance.