Procedure For Foreign Company Registration in India

procedure for foreign company registration in india is a comprehensive procedure adopted to avail the benefits of various Companies Act regiments and rules. The procedure for foreign company registration in India comprises of different procedures like registration with SEBI, registration with Ministry of Corporate affairs (MOCA) and registration with the Reserve bank of India (RBI). The first step in the procedure for foreign company registration in India is to complete the registration form that is available online from the official website of Ministry of Corporate Affairs. This form contains all the information required by the Companies Act.

According to the Companies Act, every international non-stock company must have a registered office at the designated address in India. The address of the registered office should be in the India or the country of registration of the company. This office is responsible for the maintenance of all the records and publications related to the business of the international company. The company can utilize the services of the attorneys, consultants, accountants, lawyers and agents. These professionals are skilled in the field of business and help the company in carrying out its business in an effective manner. The procedures for company registration in India also include payment of annual registrations fees to the SEBI.
A registered agent acts on behalf of the business entity. He carries out the tasks related to business activities of the business entity. The procedure for foreign company registration in India also includes payment of taxes and payment of annual fees to the SEBI. According to the laws of India, every international non-stock company has to pay the income tax to the government within a stipulated time frame. This payment is required from the company’s income and profits.
The procedures for company registration in India also include giving the necessary directions to the management of the company. If you wish to establish your business in India, then first you need to get registered. Once the business gets registered in India, you can run it as per the laws of the land. Indian laws are much more stringent than the laws of abroad.
If you wish to run your business in India successfully without any difficulty then you need to follow the procedure for foreign company registration in India. It has been seen that most of the multinational companies prefer to establish their business in India rather than offshore locations. The main reason behind this is that the government of India is highly appreciative of the fact that the Indian economy is growing tremendously. There is a lot of foreign investment in India and this is mainly because the government is trying to attract these investments by offering attractive packages to the foreign investors. This policy has been adopted to encourage foreign direct investment in the country.
One of the other procedures for company registration in India is that the name of the business should exactly match with the name of the company director. Therefore if you wish to form a big company then you should choose the name of the company director carefully. You should also ensure that your business name is not the same as the name of any other company. The company secretary also plays an important role in case of formalities and procedures for company registration in India.