How to register your own company in India from the United States
If you're a US citizen, how do you register a corporation in India? It explains how a foreign national living in the U.S. can incorporate a business in India. You will also need certain documents if you live in the U.S. and are registering the business.
A company in India might be necessary even if you are in the United States. All foreign residents can setting up a company in india in India under the Companies Act 2013, provided they comply with Indian laws.
What is the process for registering a corporation in India from the United States?
Your choice of entity should be determined by the type of business model you plan. Among the three options you have are partnerships, limited liability companies, and private companies. In most cases, a private company or joint venture requires fewer compliances and legal formalities.
What you need to do in order to register a company in India from the USA
You need to meet a few pre-requisites before starting a business in India from the United States. These include:
1. You should at least have one Indian resident as a director, and all KYC documents should be in order.
2. Additionally, Foreign Direct Limits are essential because if the sectors go under automatic route, the Reserve Bank will not have to approve them. You will need prior permission from the Ministry of Central Government or RBI if you wish to start an enterprise in an area where 100% FDI is allowed. As a means of defense against MOAs and AOAs, your company also needs a reputation management program.
3. Finally, all registration documents must be notarized by a recognized authority.
List of documents needed for registering a corporation in India from USA
Below are the documents you need to submit:
1. Copies of passports
2. Driver's license from the country of issue
3. Identification of voters
4. Social Security Number
5. Statements of bank accounts
6. Photos
7. A resident permit from the Indian Embassy
8. A copy of the foreign national's visa for business
Companies from abroad wishing to set up a business in India are required to submit the following documents:
1. An incorporation certificate proves the legal existence of the corporation
2. Resolution of foreign companies
3. Document proving your address
How to register a company in India
The Indian Government has restored the corporate registration process so that Americans can now register in India. Here are the steps to take:
1. Users in India must have an MCA Portal account. An account simplifies the company registration process.
2. Your interest in DSC is strong. You should submit the legal documents with your application for Digital Signature to the certifying authorities.
3. For more information about using the run form to run a company's business, please visit the MCA Portal - http://www.mca.gov.in/mcafoportal/runService.do.
4. Check the existing database for availability of the name you want while searching for a reputation. It should be submitted with a Rs. 1000 fee along with the RUN Form. The Central Registration Center approves names that are unique and have never been used before.
5. Now you need the DIN number or the Director number. Use SPICE to enter this. You will specify the small print that the director wants for the Din. Pan cards and passports must also be submitted.
6. Once you have completed the above steps, you will receive a Certificate of Incorporation from an Indian company.
