Foreign Company Setup

India is an emerging economy with a growing middle class. Its population is young and growing rapidly. It has a huge market size and a highly educated workforce. It also offers attractive incentives for businesses looking to expand overseas. Foreign company like to invest in India because of many opportunities. Many companies choose to set up operations in India because of its low costs of doing business. Ease of entry and regulatory environment. are other reasons too.

Starting from working on the entry strategy till the actual commencement of business, we handle all activities. At every stage of business, including taxes, accounting, banking, etc there are a lot of laws and regulations to follow. Our team follows a well-defined procedure through which we help our clients set up their companies.

Types of Companies in India

In India the companies act 2013 permits the set up of the following types of companies:

Private Limited Company

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This type of company protects its owners' assets by distributing the liability among all the shareholders. If any shareholder loses money, he/she will not lose everything. Instead, the other shareholders will share the loss. This helps keep everyone safe.

Public Limited Company

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A public Limited Company is one of the most common ways to create a foreign company. It allows members of the public to invest in the company. There is no cap on the amount of money you can invest in your company.

Partnerships

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In partnerships, partners may agree to divide responsibilities, costs, risks, rewards, and other aspects of the project. A partnership agreement will usually specify what each partner contributes, contribution, and will gain.

Limited Liability Partnership

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LLPs enjoy a separate legal status, allowing them to protect the assets of the company while limiting the partners' liabilities. The liability of each partner is dependent on the number of shares owned.

One Person Company

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It is the latest type of company registration available in India. It is designed specifically for individuals who wish to start their own businesses. Entrepreneurs get the benefit of liability protection without having to partner with others.

Sole Proprietorship

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A sole proprietorship is where an individual owns a business. The company is considered a single entity, making the owner solely responsible for any financial gains or losses.

Section 8 Company

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Section 8 companies are often referred to as non-profits. Their primary goal is to promote arts, science, literature and education. They also care about the environment and protect the rights of those who cannot defend themselves.

The foreign company has to choose from the above types of companies. They can start their business in the following ways:

Wholly owned Subsidiary Company

Branch Office

Liaison Office

Project Office

Joint Venture Company

Foreign Company Setup