Incorporation of Companies in India

Are you looking for having you own 100% controlled company

Then look for CFO Angle Advisory Services as a one-stop solution for the incorporation of companies in India.

The price starts from INR 51999 (USD 749)

Start With Confidence

CA/CS Assisted | 4.8/5 Rating

Necessary to know for a Foreign Entity before Company Incorporation in India

What is another option if I choose not to set up a Legal Entity?

You can outsource all the activities to an outsourcing agent, and in this setup, the agent undertakes all activities of a Legal Entity.  What foreign entity gets:

  • A back to back the contract with the outsourced agency for the businesses to handle.
  • Outsourced agent hire employees on behalf of Foreign Entity and place as per their requirement
  • The foreign entity pays for all legal compliance but not responsible directly as the agent is responsible.
  • Annual audit, accounting, tax and other related compliances are the responsibility of the outsourced agent.
  • Companies in procurement setup, liaison office, employee strength less than 5-10 employees choose to go for these options.

When should I own an entity:

When the foreign entity is having a long term strategy of a business in India, then legal entity set-up is the best option.  What foreign entity gets:

  • Full control of the entity with a majority stake when share purchase is more than 51% of the total issued shares.
  • Growing India population and use them effectively to sell their goods and services.
  • To attract good quality English speaking and educated population to work for a captive centre and take the considerable cost arbitrage.
  • Many a time to attract quality employees, an incorporated company is the best set-up
  • Some of the Incorporating common locations in India are, Banglore, Hyderabad, Pune, Mumbai, Delhi.
  • Other factors to be known for having its legal entity:
  • Considered as Foreign Direct Investment
  • A perpetual succession of the company
  • Easily transferrable shares to Foreign and Indian investors
  • Limited Liability of Directors and Shareholders

CFO Angle helps to Incorporate companies anywhere in India.  A team of experts who has the industry-specific experience and the co-founder, Mr Sachin Gupta, who understand Foreign clients requirements due to his vast knowledge of working in the diverse culture of South East Asia and Australia.

How is the pricing structured, and what included in the pricing?

This pricing is the basic pricing and includes the pre-incorporation, incorporation activities, and some necessary registrations like:

Pre-incorporation activities and procedure to follow

  • Securing correct documentation the application both the Indian Resident Director and Foreign resident
  • Obtaining their Digital signatures
  • Applying their Director Identification
  • Securing preferred Name approval
  • Drafting of Article and Memorandum of Association
  • Ensure all Liasioning with Foreign Residents and keep them appraised on the incorporation of the company

Incorporation activities
like

  • Applying for Incorporation
  • Pay Stamp duty for share capital
  • File application for PAN (Permanent Account Number) and TAN (Tax Account Number)
  • Ensure all Liasioning with Foreign Residents and keep them appraised on the incorporation of the company
  • To help to open a bank account of the company

Secure essential registration like

  • GST Registration
  • Shops and Establishment

CFO Angle provides additional activities on the chargeable basis like;

  • Indian Resident Directors
  • Place of business on Virtual basis
  • Place of business as a workspace for people hired

Is the pricing transparent?

We have included the activities undertaken by CFO Angle to Incorporate a company in India.  An incorporated entity has to have mandatory and optional registration to run an incorporated entity on an ongoing basis successfully.  There are various activities on a monthly, quarterly, and annual basis that have to be completed. Some of them are:

Additional Registrations Are

  • Import Export Code registration
  • Micro, Small and Medium Enterprises registration
  • Provident Fund
  • Employee State Insurance
  • Professional tax for employer and employees
  • POS (Sexual Harassment of Women at Workplace)

Additional Activities Are

  • Office administration
  • Accounting and bookkeeping activities
  • Income tax filing for the year
  • Employee hirings
  • HR services
  • Payroll processing
  • GST monthly and annual filing
  • Audit and ROC compliances

Note:   Above services are not included in the price and are chargeable for each registration

List Of Documents Required

List of documents are like this

  • Photograph of all the Directors and shareholders of the foreign entity intend to represent the new entity.
  • PAN Card of all the Indian Directors and shareholders.
  • Apostille ID Proof of all the Foreign Directors (Driving License/Passport/Voter ID) and self-attested for Indian Resident.
  • Address proof of the registered office in Inda provided through the rental agreement, electricity bill, or any other utility bill.
  • CFO Angle provides a detailed document and do list to all the stakeholders and personally explains the need for these documents. Team CFO Angle is always available for discussion and support.

Introduction of CFO Angle

CFO Angle is an organization represented by Sachin Gupta, who is Chartered Accountant, Cost Accountant, and an IIM B Alumni and brings 20+ years of vibrant & varied experience of working in India & Abroad in a different capacity. He has a team of qualified Chartered Accountants, MBA, Cost Accountant, Company Secretary, Lawyers. He represents companies from the US, Australia, India as an Independent Directors in their India entity.

Phone Number:

+91 98407 77207

Email:

sachin@cfoangle.com

Frequently Asked Questions:-

How does a Foreign Entity own a 100% owned company in India?

In 100% subsidiary company (subject to FDI (Foreign Direct Investment terms and conditions), Foreign Entity holds 100% shares of the Indian Subsidiary. No need for an Indian Resident to participate in the formation process.

Who should be a director in the Indian Entity?

Any Indian company should have a minimum of two directors.  In a foreign subsidiary, one should be an Indian resident. We in CFO Angle help our client to get an India resident Director.  The director number two can either an Indian Resident or a Foreign Resident. A company can appoint more than two directors, but one should be an Indian Resident.

What documents termed authenticate documents?

 All the necessary documents which are required to establish the permanent resident status of the foreign entity and its international directors apostilled.  CFO Angle helps our clients what is the necessity for these documents through call or email.

Identifying a Business Name?

Our client chooses the business names as per their preferences and suggests to us.  We then check the availability of the names and recommend available options if the selected name is not available.  Once the name identified, we can block for 20 days through the run process, or we can directly apply for the incorporation process to reserve the name.

Is doing business in India complicated and full of Compliance?

India is in the path of massive tax reforms and ease of doing business index.  Previously also, but over the last five years, India has become the most lucrative market for many foreign businesses.  Some of the critical benefits India market drive are:

  • English speaking educated population is an excellent resource for Captive business centers and foreign entities where they take massive advantage of cost arbitrage.
  • Vast and growing spending population in India is always an attractive proposition for significant product and service MNC companies,
  • The government committed to continuous tax reforms and engagement to attract FDI and create an ecosystem to attract foreign direct investments.
  • Active control of Reserve Bank of India, which is the central bank, helps fairness and restrictions for money movement in the Indian companies.

Contact info

191, 19th Cross, Sector 1, SLV Complex, 2ndFloor, Opposite Uber, 27th Main, HSR Layout Bengaluru 560102, Karnataka

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