Yes, a Foreign National or an NRI can be a Director of a Private Limited Company in India after obtaining Director Identification Number. However, at least one Director on the Board of Directors must be a Resident Indian.
Yes, a Foreign National or an NRI Foreign Companies can hold shares of a Private Limited Company subject to Foreign Direct Investment (FDI) Guidelines.
Yes, foreign parent or holding Companies, including USA parent companies, can incorporate a subsidiary, as a 100% owned Private Limited Company in India subject to Foreign Direct Investment (FDI) Guidelines.
Any foreign company can establish its place of business in India by filling eForm FC-1, It is not mandatory for a foreign company to register as a foreign company by taking a Foreign Company Registration Number.
A foreign company shall file with the registrar Form FC-1 with fees and documents required.
The application shall be supported by an attested copy of approval from the Reserve Bank of India under Foreign Exchange Management Act or Regulations.
Yes, and is subject to registration as per FDI Guidelines and registration norms.
A Startup can easily be incorporated as a private limited company and should then be registered in Startup community of India. The benefits of the Start ups in India are
100% Foreign Direct Investment is allowed in India in many of the industries.
There is no need to apply and obtain DIN for Directors of a foreign company. However, it is mandatory to register the DSC of the authorized representative of the foreign company via associate DSC service available at MCA portal.
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