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First Hand Holdings offers Indian subsidiary registration from Rs.26899/-
Overview
Indian subsidiary: An Overview

There is a lot of interest among overseas companies to start their operations in India. A Foreign National (other than a citizen of Pakistan or Bangladesh) or an entity incorporated outside India (other than entity incorporated in Pakistan or Bangladesh) can invest and very own a Company in India by acquiring shares of the company, subject to the FDI Policy of India. In addition, a minimum of one Indian Director who is a Indian Director and Indian Resident is required for incorporation of an Indian Company along with an address in India.

Complete solution for foreign enterprises starting their Indian operations

First Hand Holding can incorporate a Private Limited Company for in 7-15 days. The time taken for incorporation will depend on submission of relevant documents by the client and speed of Government Approvals. To ensure speedy incorporation, please choose a unique name for your Company and ensure you have all the required documents prior to starting the incorporation process.

Starting a Foreign Company’s Subsidiary in India
supporting documents, a minimum of two directors (One Indian Director who is also an Indian Resident) and an acceptable name for the company.
• Once, Digital Signature Certificate and DIN is received by way of First Hand Holding on behalf of the client from the Ministry of Corporate Affairs.
• Once, the identify approval is obtained, the Memorandum of Association is drafted and filed within 60 days to complete the incorporation process.
• A minimal of two shareholders are required for a non-public restricted company. .
• The overseas holding company can keep 99.99% of the shares of the Indian Company while 0.01% of the issued shares of the Private Limited Company can be held with the aid of an Indian, in believe with the foreign Company.

Documents Required
For Directors Indian Nationals
Scanned copy of PAN Card or Passport (Foreign Nationals & NRIs)
Scanned copy of Voter’s ID/Adhaar Card/Passport/Driver’s License.
Scanned copy of the latest bank statement/telephone or mobile bill/electricity or gas bill.
Scanned passport-sized photograph specimen signature (blank document with signature [directors only]).
For Directors Foreign Nationals
Scanned copy of PAN Card or Passport (Foreign Nationals & NRIs)
Scanned copy of Voter’s ID/Passport/Driver’s License.
Scanned copy of the latest bank statement/telephone or mobile bill/electricity or gas bill.
Scanned passport-sized photograph specimen signature (blank document with signature [directors only]).
Pricing
Pay as your grow

Basic

all inclusive fees

₹7099

  • 3 Class 2 Digital Signatures 1
  • 2 Director Identification Numbers
  • 1 RUN Name Approval 2
  • Upto 10 Lakhs Authorized Capital 3
  • Incorporation Fee
  • Stamp Duty 4
  • Incorporation Certificate
  • Citi Bank Current Account
  • PAN & TAN
  • 50+ Document Formats
  • Incorporation Kit
  • Hard-copy Share Certificates
  • GST Registration

Standard

all inclusive fees

₹26899

  • 3 Class 2 Digital Signatures 1
  • 2 Director Identification Numbers
  • 1 RUN Name Approval 2
  • Upto 10 Lakhs Authorized Capital 3
  • Incorporation Fee
  • Stamp Duty 4
  • Incorporation Certificate
  • Citi Bank Current Account
  • PAN & TAN
  • 50+ Document Formats
  • Incorporation Kit
  • Hard-copy Share Certificates
  • GST Registration
  • FDI Reporting to RBI
  • Commencement of Business Certificate
  • Bookkeeping
  • Financial Statement Preparation
  • Annual Report
  • Director's Report
  • Board Resolution Preparation
  • MCA Annual Return Filing
  • Income Tax Return Filing
  • 1 Year Dedicated Compliance Manager Support

Premium

all inclusive fees

₹71899

  • 3 Class 2 Digital Signatures 1
  • 2 Director Identification Numbers
  • 1 RUN Name Approval 2
  • Upto 10 Lakhs Authorized Capital 3
  • Incorporation Fee
  • Stamp Duty 4
  • Incorporation Certificate
  • Citi Bank Current Account
  • PAN & TAN
  • 50+ Document Formats
  • Incorporation Kit
  • Hard-copy Share Certificates
  • GST Registration
  • FDI Reporting to RBI
  • Commencement of Business Certificate
  • Bookkeeping
  • Financial Statement Preparation
  • Annual Report
  • Director's Report
  • Board Resolution Preparation
  • MCA Annual Return Filing
  • Income Tax Return Filing
  • 1 Year Dedicated Compliance Manager Support
  • Trademark Registration
FAQs on Indian Subsidiary
Do we need a resident Indian to be a director in an Indian company?
Every company to be registered in India must have at least one Indian resident individual as a director.
Can a non-resident be a director of an Indian Company?
Yes. An Indian company must have at least two directors (one of them must be Indian Resident director). You can have more than 1 person as Foreign Director on Indian Company’s board.
What are the documents required for a foreign director for incorporation of the company in India?
Following are the documents required for a foreign director for incorporation of the company in India.
  • Identity Proof- Copy of passport
  • Additional Identity Proof- Driving License/National ID Card
  • Address Proof- Telephone bill/ Electricity bill/Bank statement/Any utility bill, these bills should not be older than two months
Is it is necessary to allot share to Indian resident director?
It is not necessary that a director should also be a shareholder in Indian Company. As we said earlier, you as a foreigner or foreign company can retain 100% ownership of Indian Company.
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