How to Decide on Which Type of Company To Form In India
While Entring in India
Forming a Company in India is a big and good decision and which type of company to form in India, is a question we keep on getting from our clients. so We thought to give you the answer here so
If You a Non-Indian or Multinational company or Foreign Citizen and want to start your
Below are the options You do Not Have in India
Can not Start a Proprietorship Firm (One Man Individual Firm)
Can Not start a Partnership Firm
Can Not Start a One Person Company
Hence the only option you have to Start a " Private Limited Company in India ".
Now You can own (Ownership) the New Private Limited Company in India with either of the two options only.
Hold Shares and thereby - Ownership in Your Individual Name.
Hold Share in the Name of any company You own outside India.
And at the same time, you must have below things else you will not be able to Start a company in India for sure. and no confusions.
Have a representative Indian Person to be the Director of New Company. (Must have Indian PAN Card) (Solution: contact us)
Registered Office of the Company in City you decide. (Solution: talk to business centers in that city)
and There is NO OTHER ADVISABLE OPTION SO DO NOT WASTE YOUR TIME ON OTHER OPTION PLEASE, and Yes, You can Argue in Literal or what is written in Textbook or Law on things like liaison office or branch office or some other things. But Please if you are our client or thinking to be our client, discuss one on one else does not put energy on to the same.