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India is home to a wealth of natural and human resources and is one of the world's fastest-growing economies, making it a prime location for global corporations looking to expand their operations. Therefore any foreign company can apply for permission to conduct business in India either as a wholly-owned subsidiary or joint venture. The five major points have been discussed for Foreign company registration in India. Visit manishanilgupta.com for more info.
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Registration of Foreign Companies in India The RBI has established rules for establishing representative office in India such as liaison office, branch office and project office. It needs particular RBI permission under FEMA 1999. Approval from the Insurance Regulatory and Development Authority (IRDA) wherever required. The foreign is required to submit the application for the establishment of the office to the RBI through a Designated Authorised Dealer (Category-I bank). The application must also include all essential documentation, including an English version of the Certificate of Incorporation or MOA or AOA and its latest audited balance sheet attested by an Indian Embassy or Notary public in the country of registration. RBI will assign the office a Unique Identification Number. When establishing an office in India, it must get a PAN from the Income Tax Authorities. To know more about Foreign Company Registration in India, Visit www.manishanilgupta.com