A Foreign Director can also hold Foreign Currency Accounts in India.

However, at least one Director on the Board of Directors must be a Resident of India.

As the company is being governed by a Board, no individual interest will rule over. 2.

For all the Resident Indian Directors Income-tax PAN is a mandatory requirement.

Though Foreign National or NRIs can be a director of a public limited company, any one of the directors should be a resident Indian citizen.

The Company name that includes the following will require Central Government approval: (a)Board (b) Commission (c) Authority (d) Undertaking (e)National (f) Union (g) Central (h) Federal (i) Republic (j) President (k) Rashtrapati (l) Small Scale Industries (m) Khadi and Village Industries Corporation (n) Financial, forest, Corporation and the like (o) Municipal (p) Panchayat (q) Development Authority (r) Prime Minister or Chief Minister (s) Minister (t) Nation (u) Forest corporation (v) Development Scheme (w) Statute or Statutory (x) Court or Judiciary (y) Governor (z) Bureau Also, the usage of word Scheme with the name of Government, State, India, Bharat or any government authority or in any manner resembling with the schemes launched by Central, state or local Governments and authorities also require approval from Central Government Ending Names As per the Act, it is mandatory to suffix the type of Company name or should be shown as prescribed.

As per the Act, the name could be undesirable if it: Consists of any word which gives the impression that the company is connected with any Government or Government bodies unless an approval of central government is obtained.

However, these companies are permissible to conduct business in India as per the law applicable to it.

  Get Started Get Started Cost of Trademark Renewal And Restoration Particulars Trademark Renewal Trademark Restoration   Renewal within 12 months before the expiry of registration Renewal within 6 months after the expiry of registration Renewal after 6 months from the expiry of registration but within one year Government Fee 9,000 9,000 9,000 Surcharge - 4,500 4,500 Restoration Fee - - 9,000 Professional Fee 1,270 1,270 1,270 GST 229 229 229 Total Cost 10,499/- 14,999/- 23,999/- Trademark Renewal and Restoration Process Although, the same form and process are followed to renew or restore the trademark.

Popular for Startups: The government has provided certain exemptions to the startups type of companies and which are very popular among foreign investors.