NRI services

NRI services mainly include guiding NRI about the various permissible and non-permissible financial transactions incl. banking operations, acquisition of immovable properties etc. it also includes Company Registrations in india and outside india, and setting up branch office/subsidiary office

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Our Services

Individual Planning

Advise on Investment planning, Capital Gains, Income tax related Issues, Advice on DTAA

Company Registration in India By Foreigners

Our in house CA, CPA, CS professionals take all compliance with ease

Subsidiary Company Registration in India

Our in house CA, CPA, CS professionals take all compliance with ease

Company Registration in USA, CANADA

Incorporation with virtual office facility, a dedicated CPA will be allotted

FAQ

What are the Immediate Post Complainces of Subsidiary of Foreign Company?

Step 1: Opening of a Bank Account
Step 2: Remittance of subscription amount in Indian bank a/c (within 2 months of incorporation) through wire transfer from foreign country bank account of the subscriber.
Step 3: Allotment of shares to subscribers and Issuance of Share Certificates
Step 4: Obtaining FIRC & KYC docs from the Bank
Step 5: Reporting in Form FC-GPR within 30 days of date of allotment through FIRMS Portal.

Can any Foreign co. start business in India? & Retain 100% Ownership?

Yes, one can incorporate an Indian Subsidiary of Foreign Company with 100% ownership, such a company is termed as a “Wholly Owned Subsidiary” of a Foreign Company.

Under which Situation NRI not allowed to Notarized?

Under Rule 13(5), if foreign subscribers arrive on a “Business Visa” to India and sign the documents while staying in India, then the documents are not necessary to be Apostilled and Notarized or Consularised.

When is RBI Permission required for Establishing Branch office

Approval of RBI for establishing Branch Office is required in following cases:

The applicant is a citizen of or is registered/incorporated in Pakistan;
The applicant is a citizen of or is registered/incorporated in Bangladesh, Sri Lanka, Afghanistan, Iran, China, Hong Kong or Macau and the application is for opening a Branch Office in Jammu and Kashmir, North East region and Andaman and Nicobar Islands;
The principal business of the applicant falls in the four sectors namely Defence, Telecom, Private Security and Information and Broadcasting. However, prior approval of Reserve Bank of India shall not be required in cases where Government approval or license/permission by the concerned Ministry/Regulator has already been granted.
The applicant is a Non-Government Organisation (NGO), Non-Profit Organisation, Body/ Agency/ Department of a foreign government. However, if such entity is engaged, partly or wholly, in any of the activities covered under Foreign Contribution (Regulation) Act, 2010 (FCRA), they shall obtain a certificate of registration under the said Act and shall not seek permission under FEMA 22(R).

How many countries India entered DTAA?

India has Double Taxation Avoidance Agreements (DTAA) with 88 countries out of which 86 are in force. For transactions involving persons having interest between countries with which India has a DTAA, there are agreed rates of tax and jurisdiction on specified types of income

Can NRI register company in india?

NRIs or foreign nationals can register a company and make investments in India subject to the Foreign Direct Investment Policy and Guidelines issued by the RBI. The only condition as per Incorporation rules is that a person of Indian Nationality should be appointed on Board of Director of the company.

Can I open LLC in USA from India?

Yes, Indians can register an existing business in the U.S. The business in the U.S. can be set up as a limited liability company or a corporation, but more on that in the next section. Before you file to register the company, there are a few things to have ready before beginning the process.

Can a Non-Resident become Director in india?

Yes, a non-resident can become a director in Indian Company if he possess the required documents and one resident director is already on the board.

Is it mandatory to allot shares to Foriegn Director?

It is not necessary that a Indian Resident director should also be a shareholder in an Indian Company. As a foreigner or foreign company can retain 100% ownership in Indian Company.

What is Requirement of MOA & AOA to NRI in Domestic Company?

An E-MOA and an AOA cannot be used by Foreigners because, in compliance with Rule 13(5) of the Company (Incorporation) Rules, 2014, MOA and AOA signed by a person residing outside India, should be apostilled or notarized by the notary of the country of origin.