Process of registering an Indian company

1. Provide the name of the Indian company (provide 3, sorted by preference)

2. Notarization of the director and shareholder's ID and address approve;

3. Director's electronic signature Digital Signature Certificate ("DSC") and Director Identification Number ("DIN");

4. Fill in the business license application documents, pay the registration fee and stamp duty, and obtain the Indian company's business license;

5. Apply for the Indian company's permanent account PAN & tax account TAN;

6. Open a bank account;

7. Record the share certificate;

8. Verify the registered capital of the Indian company;

9. Apply for the Indian company's subsequent tax code;

10. Successfully own an Indian company.

Conditions for registering an Indian company:

1. Shareholders/Investors: At least 2 shareholders, shareholders can be companies or natural persons (one of whom must serve as a director);

2. Directors: At least 2 directors are required, one of whom must be a "local director" (can be an Indian citizen, or a foreigner who has lived in India for a total of 182 days in the previous fiscal year);

3. Registered address: This address will be used for company registration, opening bank accounts and receiving company letters;

4. Business scope: Accurate business service scope or corresponding products must be provided;

5. Minimum registered capital: The minimum registered capital is 100,000 rupees, which is approximately RMB 10,000;

6. Digital Signature Certificate: All directors must provide a Digital Signature Certificate (DSC) and Director ID Number (DIN);

7. Board Meeting: At least 4 board meetings must be held each year;

8. Annual Shareholders' Meeting: The annual shareholders' meeting is held once a year.

Documents required to register an Indian company:

1. Company name: Pre-select at least 3 company names in order of priority. Must end with "Private Limited".

2. Memorandum of Association (MOA)

Mainly includes: the name of the company, business term, purpose of the company, liability of shareholders, capital of the company, place of registration of the company, number of directors of the company and name and address of the first board of directors, name and address of the company's promoters.

3. Articles of Association (AOA)

Mainly stipulates the relationship between the company and shareholders, rights and responsibilities of shareholders, rules of activities of the company's institutions and personnel, general administrative management of the company and other matters.

4 Authorized Share Capital & Issued Share Capital

1) Authorized Share Capital: The maximum number of shares of the company, which is the total number of shares issued by the company. Changes in the number of authorized shares must be approved by all shareholders. The total number of each issuance of the company shall not exceed the authorized share capital.

2) Issued Share Capital: The amount of share capital that the company has issued to shareholders in accordance with the law, which can be equal to or less than the authorized share capital. The minimum authorized share capital and issued share capital is 100,000 rupees.

5. Shareholders: A minimum of 2 shareholders and a maximum of 50 shareholders.

6. Directors: At least 2 directors, directors can be foreigners, one of whom must have lived in India for at least 182 days.

7. Registered address: Indian office address is required

Tips: The most critical information for registering an Indian company: double certification information. If this information is not prepared, it will bury hidden dangers for the subsequent company operations. To set up an Indian company, at least two certifications must be carried out, the director's certification before the name verification, and the shareholder's certification after the name verification.