Foreign entity/Share holder can set up a wholly owned subsidiary in India as per the Indian Companies Act, 2013, provided one of the directors must be resident of India. With our parent office situated in India, we are able to execute any legal, tax, technical and clerical job diligently.
Setting a business in India usually divided into 3 phases:
Phase 1 – Formation of company
Phase 2 – Capital Infusion
Post incorporation of company in India foreign equity holder/s need to infuse initial capital in Indian company which includes following process:
Phase 3 – Initial registrations post formation
Indian company needs to obtain certain registration to carry out the business operations in India which includes: