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Setting Up In India

If you're looking to set up a business in India, there are a few things you need to know. From the paperwork to the local market, here's a guide to help you get started. Read more for tips on setting up a business in India.

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Setting Up In India

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  1. SETTING UP BUSINESS IN INDIA

  2. FOREIGN BUSINESS STRUCTURES INCORPORATED STRUCTURE UNINCORPORATED STRUCTURE Subsidiary/Wholly Owned Subsidiary Company Limited Liability Partnership (LLP) Liaison Office (LO) Branch Office (BO) Trusts/Partnerships

  3. ESSENTIALS FOR SETTING UP A BUSINESS IN INDIA COMPLIANCE Compliance with the requirements of The Companies Act, 2013 CAPITAL No Minimum Capital requirement OFFICE A Registered Office within thirty days of Incorporation of the company The name of the subsidiary company may or may not be the same as the holding company NAME A minimum number of two Subscribers in the case of a Private Limited Company A minimum number of seven Subscribers in the case of a Public Company SUBSCRIBERS A minimum of two Directors in the case of a Private Limited Company A minimum of three Directors in the case of a Public Company DIRECTORS

  4. GUIDELINES FOR SETTING UP A BUSINESS IN INDIA The Companies Act, 2013, among other things, specifies in detail how directors must be qualified, compensated, removed from office, and retired, as well as how board and shareholder meetings must be conducted, resolutions must be passed, related party transactions must be disclosed, books of accounts must be maintained, annual accounts must be prepared and presented, and periodic filings with the Registrar of Companies must be made. Companies Act 2013 Businesses with production lines and factories would also have to consider and comply with a number of statutes such as the Employees’ State Insurance Act, 1948; the Maternity Benefits Act, 1961; the Industrial Disputes Act, 1948; The Contract Labor (Regulation and Abolition) Act, 1970; the Trade Union Act, 1926; the Equal Remuneration Act, 1976; the Payment of Gratuity Act, 1972, etc. Labour Regulations

  5. GUIDELINES FOR SETTING UP A BUSINESS IN INDIA After Setting Up A Business In India all Indian companies are required to pay tax and stamp duty on the money they make from their commercial activities during any given fiscal year as well as on the transactions they engage in. Tax and Stamp Duty An offshore company that operates directly in India (without using an agent) will be categorised as a liaison office, branch office, or project office by the Reserve Bank of India (RBI) in accordance with the terms of the Foreign Exchange Management Act (FEMA) 1999. Foreign Exchange Laws

  6. THANK YOU Offices : New Delhi | Bangalore | Mumbai | Hyderabad | Chennai | Kochi | Pune | Kolkata

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