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Company Registration in India From Australia

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Company Registration in India From Australia

India has long been regarded as one of the major economies of the world. The Indian government is actively implementing a number of efforts to increase business sector efficiency, whether it be through trade liberalisation, lowered tax rates, or a more welcoming attitude toward foreign investment. Additionally, a lot of reforms and advancements have been made in India recently to enhance the business environment for small and medium-sized firms, making it the country with the best business climate.

Minimum Requirements for Company Registration in India

Minimum 2 Shareholders
Minimum 2 Directors
One Director must be an Indian Resident
No Minimum Authorised Share Capital
DIN for 2 Directors
Directors & Shareholders can be same person
Digital Signature Certificate
Secure Digital Documentation

Types and Requirement for Company Registration in India From Australia

Advantages of a Private Limited Company Formation

Separate Legal entity

As a juristic legal person, both the company and its members have separate legal identity that is distinct from each other.

Perpetual Succession

A company existence is uninterrupted, even the death or insolvency of shareholder(s)/ directors cannot affect the continuity of business of the company.

Limited Liability

The liability of members of a private limited company is limited to the amount of share capital remaining unpaid on the shares held by them.

Easy transferability of ownership

The ownership in a private limited company is easily transferable by way of transfer of shares from one member to another subject to the restriction that the total number of members of a private limited company cannot exceed 200.

FDI Allowed

In Private Limited Comapny, 100% Foreign Direct Investment is allowed that means any foreign entity or foregin person can directly invest in a Private Limited Company.

Builds Cerdibility

The particulars of the company are the available on a public database. Which improves the cerdibility of the company as it makes it easy to authenticate the details.

Frequently Asked Questions

It takes around 8-10 business days to get a Company registered in India. However, the timeline may vary depending upon the structure of the Company.  

Yes, a foreigner can register a Company in India. The only mandatory requirement is to have at least one resident director on the Board and to have a registered office in India.  

Once a Company is incorporated, it will be active and in-existence until you liquidate it either by striking-off or winding up.  

The minor shall not be appointed as director of the company. He needs to be over 18 years of age and must be a natural person.   

DIN is a unique identification number assigned to all existing and proposed Directors of a Company. Before a person gets appointed as a Director, he must obtain a valid DIN. DIN never expires and a person can possess only one DIN.

Digital Signature Certificate (DSC) establishes the identity of the signee electronically while filing documents. The Ministry of Corporate Affairs (MCA) mandates that e-form(s) submitted on the MCA portal are digitally signed using DSC.  

Yes, the Directors and Shareholders can be the same.  

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

You can check the authenticity of companies by visiting the portal of the Ministry of corporate Affairs.(www.mca.gov.in) Go to MCA services and click on View Company or LLP Master Data to check the master data of companies. Just enter the name of the company and get the required information like CIN No., directors’ name and DIN number, Company formation date, Share capital, email address, address etc.  

A company must hold a minimum of four Board Meetings every year in such a manner that not more than 120 days shall intervene between two consecutive meetings. In addition to the Board Meetings, an Annual General Meeting must be conducted at least once every year. Further, every Director of the Company holding a valid DIN as on 31st March of a financial year shall submit Form DIR-3 KYC with the Registrar of Companies. The above compliances are in addition to filing of Form AOC-4 and MGT-7 with the Registrar of Companies.  

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