Port communicationRegistering a Company in India Author：Cando source： India and China、Myanmar、Pakistan has waited for neighbors，To the south is the Indian Ocean，It is the second most populous country in the world。The business language is mainly English，Rupee is the local currency unit。India is still a member of the WTO，and gradually cut import restrictions。Register an Indian Company，It is important to understand that there are two types of corporate structures in India：private and public companies。
In addition, registered Indian companies can also set up liaison offices and branches (not independent legal persons)。Among them, private companies are the most common form of establishment for registered Indian companies.。Let’s learn about the issues related to registering an Indian company.。
Advantages of registering an Indian company： 1.Provide many tax exemptions for companies established in special economic zones 2. IT companies enjoy many tax benefits 3. India has signed double tax exemption agreements with many countries 4. The establishment of a private company only requires a registered capital of 100,000 rupees 5. Low-cost labor 6. Huge human resources proficient in English，It is the world's leading center for business process outsourcing and knowledge processing. Materials required to register an Indian private limited company： 1、Check name:Prepare at least 6 alternative company names，And the name suffix must be Pivate limited (private companies) sorted by importance for selection at registration。
If the name or trademark is the same or similar to that of the parent company,Must obtain authorization or permission from the trademark owner or parent company,It requires the signature of a representative of the parent company to take effect.。
2、Memorandum of Association of the company:Document listing business scope of company in India,The business content and purpose of the registered company. The business scope can be divided into several main objects and auxiliary objects 3、Articles of Association:This document contains the company's internal policy on the subject,organizational structure,as board of directors、shareholders meeting、decisions, etc. Most private companies follow a standard format,But it needs to be modified to meet specific needs。
(The document must contain the director’s ID number.) 4、At least two directors (one of whom must be a local Indian director or a director of other nationalities with legal residency in India)。
If you are a director who is a Chinese citizen, you need to prepare the following materials:： a、Copy of Chinese ID card:Proof of birthplace is required,The address on the ID card may be different from the actual address,The main purpose is to obtain the ID address of the registered company director (this ID will be recorded in the Indian government agency)； b、Passport copy:This is the only proof of identity； c、Affidavit:The designated director is also required to sign an affidavit,Prove that he does not have any criminal record in China. We will provide a sample format of the affidavit； Ps：The three files mentioned above(Right now：Chinese ID card、Passport and Affidavit)It must be notarized by the Chinese Notary Office and then forwarded to the Indian Consulate in China for review.。
(The notarization process takes approximately 1-2 weeks。Notarized identity information documents must be submitted to the Foreign Affairs Office of China。The Ministry of External Affairs will submit the documents to the Indian Embassy or Consulate in Shenzhen or Shenzhen、After review by the Guangzhou office，The documents will be returned to the Chinese Ministry of Foreign Affairs and then the documents will be returned to the Chinese company。Consulate review usually takes 2-3 weeks。Total 3-5 weeks)。
Conditions for registering an Indian company： 1.Private companies require a minimum of 2 shareholders，Public companies require a minimum of 7 shareholders; 2. Private companies can have up to 50 shareholders.，There is no limit on the number of shareholders for public companies. 3. Private companies only need to make a real investment of 100,000 rupees. (About $2500 Dollar) The minimum registered capital，The minimum registered capital for a public company is Rs 5 lakh (About US$ 11500) 4.Private companies require at least 1 local director，Public companies require at least 3 directors 5. Actual business premises and registered address are required 6. Passport copies of shareholders and directors，The original copies need to be notarized. 7. Two passport-size photos each of shareholders and directors. 8. Valid address proof 9. Business introduction of the company 10. Sign a company establishment agreement 11. Provide at least 6 company names 12. Pay all relevant fees
cost
About registering an Indian company，These simple introductions are enough to give you a certain understanding。
If you still have questions about registering an Indian company, you would like to know，You can comment or send a private message。
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