THE WAY PEOPLE CONSIDER ACCESSING ONLINE TAX & LEGAL SERVICES IS BEING CHANGED BY US.
The government is also making efforts to raise its standing in the World Bank Group's Ease of Doing Business index. To entice foreign investors and businessmen, numerous policies have been implemented to promote business accessibility.
We can serve our clients more efficiently thanks to cutting-edge practise technology.
To encourage foreign investment in Indian firms for the growth and development of the nation, the Indian government has been working on a variety of measures. India's economy, which is expanding at among the quickest rates in the world, is improving across the board.
The government is also making efforts to raise its standing in the World Bank Group's Ease of Doing Business index. To entice foreign investors and businessmen, numerous policies have been implemented to promote business accessibility. Getting your Indian subsidiary registered with LegalRaasta advisor is now easy.
Copy of PAN Card of directors.
Passport size photograph of directors.
Aadhaar Card/ Voter identity card.
MOA and AOA.
Property papers (If owned property).
Rent agreement (If rented property).
A foreign national's attested identity document that has been endorsed by the Indian Embassy.
Electricity/ Water bill (Business Place)
Landlord NOC (Format will be provided).
Passport and foreign national visa.
Director Identification Number (DIN).
Digital Signature Certificate (DSC).
Certificate of Incorporation.
Limited Liability: In the event that the company suffers a loss or financial difficulty, the limited liability trait safeguards the director or member of the company. The loss incurred by the company will not put the personal assets of the directors and members at risk.
Scope of Expansion: An Indian subsidiary company has all the rights and privileges of a private limited company. Due to the ease with which financial institutions, venture capitalists, and investors provide capital, businesses can easily grow and expand.
Perpetual Succession: This refers to the company's ability to continue operating regardless of what happens to its directors or members. For instance, insolvency, member changes, fatalities, transfers, etc.
Borrow Money: A fully-owned subsidiary company in India can benefit from borrowing money in the form of loans from financial institutions.
Sue and Sued: An Indian subsidiary company behaves like a legal person and has the ability to file lawsuits and be sued.
Attracts Foreign Direct Investment: The Indian government has approved 100% FDI participation in fast-growing business sectors; in other words, FDI is allowed 100% without any prior approval.
Purchase Real Estate in India: Foreign Subsidiary Companies are allowed to purchase real estate in India because of their independent organizational structure.
Aggarwal Tax Solutions - Copyright 2024. All Rights Reserved.