FOREIGN COMPANY REGISTRATION WITH AAVANA


Aavana Corporate Solutions are one of the top consultants offering end to end financial and business solutions in various sectors nationally and internationally. The company has its head office in Bangalore with a PAN India presence.

Today, financial services are offered by many companies, but the modernized approach by us is that we offer an amalgamation of financial services with technology which is easier and faster to access. We strive hard in growing our client database by rendering on-time delivery of services, quality of services and round the clock services.

Our highly experienced and dedicated staff will attend to all your queries with respect to documentation, legal formalities, and other procedures when it comes to foreign company registration. We provide you with the required documents and ensure 100% confidentiality. Our prices are always competitive and offer the best available package with respect to foreign company registration.

Documentation for Foreign Company
Registration In India

Four front-facing colour photographs of directors/shareholders

Copy of Passport of each director and address proof of each director/shareholder

Pan Card, Address Proof and Photo of one resident director in India.

Proof of the registered address of Company (Sale Deed, electricity bill, tax paid receipt or any other utility bill)

No objection Certificate from the owner of premises where registered office of the company shall be situated

Virtual offices or shared workplaces do not qualify to be registered address

In case the document is in foreign language, then a certified translation thereof must be filed.

Turn Key Solutions for
Foreign Company Registration In India

  • Consultation with FDI Specialist
  • DSC and DIN for Two Director
  • Name Approval of Company
  • Company Incorporation Certificate
  • PAN Card & Tan from Income Tax Department
  • Bank Account Opening support
  • Share Certificate Franking
  • GST Registration
  • Shops & Establishment Registration
  • Professional Tax Registration
  • FDI Reporting to Reserve Bank of India
  • Registration of Foreign Director with FRO
  • Guidance on Business or Employment Visa

Foreign Company Registration Deliverables

  • Issue of Certificate of Incorporation
  • Issue o Memorandum of Association and Articles of Association

Advantages

How NRIs can set up a business in India?

Currently, foreign investment into India is at an all time high. Thus it is unsurprising that NRIs too want to get in on the action. Currently, there are no restrictions either for foreigners or for NRIs to incorporate a business in India. Prior to FEMA, when the regulatory act was the Foreign Exchange Regulation Act (FERA), NRIs were not allowed to incorporate/subscribe to Indian companies without permission from the Reserve Bank. However, with the repeal of FERA, such restrictions have been abolished.

What type of entity should an NRI set up?

Currently, foreign investment in partnerships, proprietorships and one person companies are not allowed in India. In the case of Limited Liability Partnerships, foreign investment is allowed only with prior approval of the Reserve Bank of India. However, in the case of private limited companies, foreign investment is allowed freely. Hence this is the most convenient entity that an NRI should look to set up business in India.

FAQ's

A foreign company must, within a period of 30 days of the establishment of its business in India file with the registrar Form FC-1 with such fees as applicable specified by the Government.
Yes. NRIs can start a business in India provided they submit all the concerned documents on time pertaining to Foreign Company Registration.
NRIs are allowed to invest in accordance with the policy laid down by the Reserve Bank of India.
To open a bank account in India, all companies (foreign or local) has to be tax registered in India i.e. they should have a secure Permanent Account Number (PAN). It is not possible for a foreign company to open a bank account unless it is not registered in the country.
Currently, there are no restrictions either for foreigners or NRI’s to start a business in India. Earlier NRI’s were not allowed to start or incorporate a business in India without the permission from the Reserve Bank of India (RBI). But with the withdrawal of The Foreign Exchange Regulation Act (FERA), such restrictions have been lifted.
Currently, foreign investment in partnerships, proprietorships, and one person companies are not eligible in India. However, in the case of Limited Liability Partnerships, foreign investment can only take place only with the prior approval from the Reserve Bank of India. There are no restrictions for foreign investments in case of private limited companies.


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