FEMA and RBI Compliance Support for NRIs
Company registration for NRIs is closely linked with FEMA and RBI guidelines. Our experts ensure that your investment structure, shareholding pattern and sector eligibility fully comply with applicable foreign investment rules.
Pre-requisites for registration of company by NRIs or Foreign Nationals:
- Directors:
- All the directors including NRIs and Foreign Nationals must obtain a DIN (Director Identification Number) and DSC (Digital Signature Certificate) to become director of an Indian Company.
- Shareholders:
- Minimum 2 shareholders for private limited company and 7 for public limited company.
- Maximum of 200 share holders for private limited company.
- Office:
- There should be an office address for the proposed company before incorporation,
- If office is owned then address proof such as sale deed is required, if the office is rented or leased then No Objection Certificate from owner and Rent agreement need to be submitted while filing for incorporation.
- For foreign nationals residing in their home country:
- Passport,
- Address proof.
- For foreign nationals residing in India:
- Resident permit
- Passport
- Business visa
- Bank statement or and other utility bill less than 2 months old
- For NRIs:
- Proof of identity,
- PAN card,
- Aadhar Card, driving license, Voter ID if any,
- Current Address proof.
