Register a Business in India

REGISTER A BUSINESS IN INDIA

KLC & Co. has a very experienced team which has handled the International Taxation and Transfer Pricing issues in foreign entities Registering business in India. We help you start a business in India. Our clients include those from USA, UK, Holland, Japan, Korea and Canada.

There are various modes / structures in which an entity abroad can register a business in India. The choice of the entity is a strategic decision. A structure may be favorable for one entity and may not be favorable for the other depending upon the nature of the entity. A graphical representation of the various modes / structures that can be used to Register a Business Name in India are given below, you can click on them to get more information:

 
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Modes to register a business in India (summary of Registration Process)

Register a Foreign CompanyRegister a Branch Office / Liaison Office / Project OfficeRegister a Limited Liability Partnership(LLP)Joint VentureTakeover / Investment in Existing Company

Company is a voluntary association of persons formed for the purpose of doing business having a distinct name and limited liability.

Registration procedure involves: 

  1. Selection of type of Company.
  2. Application of DIN .
  3. Selection of Name .
  4. Approval of Name.
  5. Preparation of Memorandum of Association and Articles of Association.
  6. Filing documents with the Registrar of Companies with Fees.
  7. Filing documents for Incorporation.
  8. Obtaining Certificate of Incorporation.
  9. Commencement of Business. Click here for more details

 

For setting up Foreign Branch Office in India and application is required to be made to the RBI in Form FNC-1. The application must include the following details:- 

  1. Operating history of the company worldwide .
  2. Proposed interests and activities in India .
  3. Reasons for wanting to open a branch office and
  4. Any foreign exchange implications for such matters.
    Click here for more details on setting up a branch office
    Click here for more details on setting up a liaison office

LLP forms a hybrid between a company and a Partnership firm following the procedure for registration 

  1. Application for Designated Partners’ Identification number.
  2. Selection of Name.
  3. Approval of Name.
  4. Preparation of LLP Agreement.
  5. Filing of Incorporation Documents.
  6. Obtaining Certificate of Incorporation.
  7. Commencement of Business. Click here for more details

Where two or more companies agree to jointly invest in India through an agreement. The JV can be formed with investment by the joint venture companies directly into India. They can have mutual agreements for sharing technology for the venture.

A foreign organisation also has an option of purchasing / takeover an existing company or investing in an already existing company we can help the foreign organisation in finding appropriate company which they can deal with. The existing company will have to be valued for the calculating the worth of that company and we act as arbitration for the foreign organisation to strike the deal accordingly takeover/purchase interest in the existing company.

India, is the land of upcoming entrepreneurs, and leaves behind major competing countries of the world in its ability to conduct business operations of various kinds. It is a rapidly-developing economy having experienced almost a decade of structural economic reforms.India is the fifth largest economy in the world (ranking above France, Italy, the United Kingdom, and Russia) and has the third largest GDP in the entire continent of Asia. Since 1991 there has been an active interest taken by the Indian Government in inducing foreign direct investment in the country.India is one of the few markets in the world which offers high prospects for growth and earning potential in almost all areas of business. To conclude there exists immense investment opportunities both at the national level and the State level for Foreign investment.India has been liberalizing its foreign policies of late, so as to encourage foreign trade and foreign direct investment (FDI). Rules and regulations have been relaxed for Indian companies to trade and raise money from International market.

The new government has eased the process, rules and guidelines for foreign investments in India with the introduction of a new concept called as the “Make in India” concept. KLC & Co. helps you identify key venues for streamlined investment into India.

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