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Can a foreigner open a company in India?

If you want to register your company in India , then DBPL is the best consulting firm to hire. We provide a proper layout in forming a company in India. Setup business in India is now easy with DBPL- Your trustworthy consultant firm .<br>Visit us: https://dbpl.asia/setup-company-in-india

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Can a foreigner open a company in India?

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  1. Can a foreigner open a company in India?

  2. An inevitable part of the process of business expansion across the globe is setting up companies on foreign lands, the market scenarios and associated regulations of which you have to understand. Owing to the evolving business ecosystem and opportunities a keen interest insetup business in India by foreign companies has developed. One way through which you can register your company in India is a Wholly Owned Subsidiary (WOS).     Introduction

  3. WOS is the best setup method to determine a firm hold on the entire share capital of a company established in India by a foreign-based entity. •  Now, what does WOS actually mean? When any organization established outside of India makes a Foreign Direct Investment of 100% towards a company incorporated in India, then the latter will be called the WOS of the parent company where the foreign entity will hold full ownership of the subsidiary company. Brief overview

  4. The main characteristics of WOS are that it falls under the purview of the Indian Companies Act 2013, allows or permits business activities like marketing, manufacturing, services corresponding to various industries, and is eligible for deductions and exemptions similar to domestic companies as a WSO is considered or treated as a domestic Indian Company. Characteristics of  WOS

  5. Private Limited company needs a capital investment of Rs. 1,00,000 and a minimum of 2 Directors and Shareholders wherein one of the directors need to be an Indian resident. It doesn’t allow debentures or the sale of its shares to the public.  • Public Limited Company needs the minimum number of shareholders and capital investment to be seven and Rs. 5,00,000 respectively. The number of directors required is at least three and before transacting business must publish a prospectus. Types of  WOS

  6. The documents required for the registration process are  • PAN Card is required but is not necessary in the case of a Foreign Director. • Aadhar Card, Voter ID, Drinking License, or Passport is needed as address proof.  • For a Foreign Director Passport is necessary for registration which should be English Language and duly apostilled. • 3 passport-sized photographs are needed. • Electricity bills, lease or agreement is required as a proof for the Registered Office. Registration documents and process

  7. Contact Us Web:https://dbpl.asia/ Email:info@dbpl.asia Phone:+91 9811431604 Phone :+91 9810631559 Address :B-142, B Block, Near at Gardenia Glory, Sector 46, Noida, Uttar Pradesh 201303

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