The Central Registration Center (CRC) in India was established by the Ministry of Corporate Affairs as a tool which provides a more efficient registration procedure for legal entities. One of the main advantages of the CRC for company formation in India refers to the company’s trading name, which can now be registered from any Indian location, by completing the online form INC -…
The Indian Companies Act, the main rule of law which regulates the manner in which investors can register a company in India, was modified in 2013. The legislation changed a part of the provisions established under the Companies Act 1956 and the new regulation became applicable in September 2013; it is important to know that…
A branch of a foreign company operating in the Indian market can be set up only for specific business activities. When starting a business in India that will be incorporated as a branch office, the representatives of the foreign company should receive approval from the Foreign Exchange Department, Reserve Bank of India (RBI), situated in Mumbai. The Reserve Bank of India will verify the…
The popular limited liability company (LLC) that can be registered across the world can be registered as a limited liability partnership (LLP) or as a private limited company in India. Through a LLP in India, the investors will benefit from limited liability, in the sense that they will be held accountable for the company’s debts…
A virtual office in India refers to a modern way of having a business presence in this country, which can reduce the administrative costs associated with running a company. Investors interested in starting a company in India may opt to set up a traditional office (where the commercial activities are held) or they may opt for a virtual office, which can…
Being one of the largest emerging markets in Asia, India can offer numerous business prospects for investors who want to establish a company here. When starting a company in India, the first aspect that should be decided by the investors is the legal entity under which their business will operate. Commercial Law in India offers numerous types of companies, but…
India has one of the largest consumer markets available at a global level, at is has a population of over one billion inhabitants. Foreign investors who want to register a company in India are advised to study the local culture prior to starting their business activities here. However, it is important to know…
