The nominee director in India represents an individual proposed by an institution or a company to occupy this position in the business without actually playing an active role in the company. As specified in the word “nominee”, this person has the role of director of the company on behalf of…
Our company formation agents in India specialize in facilitating the establishment of Special Purpose Vehicle (SPV) companies tailored to your specific needs. Our team adeptly navigates the regulatory landscape to ensure compliance and efficiency, whether you are setting up an Indian SPV for securitization, asset transfer, risk management, or fundraising. Our…
Fiscal representation is a legal requirement in many countries for businesses that operate internationally, especially in the field of taxation. Fiscal representation in India involves appointing a representative who is typically a local entity or individual to act on behalf of a foreign business for tax purposes. Navigating the complexities…
One of the legal manners for starting a company in India is by establishing a liaison office. Also known as a representative office, it can only enter specific activities and it cannot start any commercial operations. Although this business structure does not fall under the regulations for commercial companies, similar incorporation steps have to be followed – such…
One of the main procedures related to company formation in India refers to opening a bank account for the respective legal entity. The corporate bank account in India can be set up at one of the private banks operating in this country, as well as through the international banks which have set up branch offices or subsidiaries here. When opening a bank account, the company’s representatives will…
Foreign legal entities may set up subsidiaries in India and the legislation in this country provides for two types of subsidiaries, depending on the capital owned by the foreign company. Thus, when starting a company in India which is represented by a foreign legal entity, the investors may choose to incorporate a wholly-owned subsidiary or a subsidiary company. Our team…
In India, a shelf company is defined as a legal entity that has already been incorporated under the Commercial Law. The shelf company, also referred to as a ready-made company, does not perform commercial activities, but it is available for sale and, if purchased, the investors will be able to…
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…
How can foreign investors set up a company in India? When opening a company in India, local and foreign investors can register several types of business forms. Regardless of the legal entity that was selected for incorporation, the registration procedure follows the same steps prescribed under the legislation for commercial companies. Opening…
