Foreign company formation

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roopesh (Querist)
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14 December 2013 Dear Sirs,

XXX Co, LLC incorporated in Dubai wants to start their operation in Karnataka.

The promoters executed lease agreement in the name of XXX Co, LLC with the building owner.

What are the procedures for the foreign company registration in India as considering the above case?

Assume, if the registrations are over then what will be the company's name?

CA Kedar Sakhardande

CA Kedar Sakhardande (Expert)
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14 December 2013 Foreign Company registration can be made with RBI Permission. You need to fill prescibe form and submit prescribed documents to registrar of companies (Form No 44)

You can retain the name as XYZ Pvt Ltd (if not used previously)

Alternativey you can also start a local Indian company having 99.99% shareholding with Dubai Company and balance 0.01% with any other shareholder (minimum 2 shareholders)

Here also you can retain the name XYZ Pvt Ltd (if not used before)

Regards

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Nikhil Kaushik

Nikhil Kaushik (Expert)
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15 December 2013 agreed with Kedar ji. in addition, you also need to do ROC registration, PAN, TAN, indirect tax registrations and local registrations.

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