How Can a NRI Register a Business in India?


How Can a NRI Register a Business in India?

"Call Our Business Plan Experts at +91-72999-72500"


Buying property in India has been very lucrative for NRIs due to favourable currency rates. However, there are certain guidelines that need to be followed by NRIs if they want to invest in real estate. The same goes for setting up a business. The Indian economy is growing at a rapid pace and NRIs are keen on registering businesses in the country.

There are many online services that offer assistance to NRIs in setting up their businesses. FilingPoint is one such popular service that helps NRIs with the entire process of incorporating a sole proprietorship company in India. Other services like FilingPoint are also gaining popularity amongst NRIs as they help in completing all the legal documentation, opening bank accounts and filing taxes.

NRIs must make sure that they are following all the rules and regulations of the country before deciding to register their companies. They must also take care of the fact that all income that accrues in the country is taxable in the same way as they would if they were residing in the country. This includes the salary that they receive, income from FDs and fixed deposits and capital earnings from the sale of any property in the country.

NRIs can choose to set up either a private limited or a limited liability partnership. The compliance requirements for these are comparatively less. NRIs wishing to form a company will need to submit the following documents with the MCA portal. In case of an LLP, the foreign promoter will need to have at least 7 members. In a private limited, it is possible to have as few as 2 shareholders.

 

Tel:+917299972500

info@filingpoint.com

Comments

Post a Comment

Popular posts from this blog

IE Code Renewal in Vadapalani - Filingpoint

Image
Welcome to Filingpoint Best IE Code Renewal Expert +91 72999 72500 Filingpoint IE Code Renewal in Vadapalani is an import export administration code issued to organizations and LLPs doing import/export business with India. It is a substantial enlistment that is valid for a lifetime. The import/export administrations association can utilize it as its official ID proof to show at the time of clearing customs or transferring cash to abroad banks. IE code can be utilized by sole proprietorship, partnerships, limited companies, LLPs and trusts. The Import-Export Code or IE code is a 10-digit unique number that identifies any company or individual doing import-export in India. It is mandatory for all importers and exporters in India. IEC is quoted while clearing customs and transferring money to foreign banks. It helps in preventing illegal goods transportation. IE Code Registration is easy, simple and hassle-free with minimum documents requirement. There are a ...
Read more

Startup India Registration in Nungambakkam - Filingpoint

Image
Welcome to Filingpoint Best Startup India Registration Expert +91 72999 72500 Filingpoint Startup India Registration is an initiative by the Government of India to nurture aspiring entrepreneurs and foster growth. It encourages innovation in the form of new or improved products, processes, services and scalable business models with high potential for job creation and wealth generation. We at RegisterKaro help startups with getting their startup recognized under the Startup India scheme in Chennai. Our team of experts understands your business and helps you get the required documentation ready for Startup Recognition. The Startup Recognition Certificate gives you access to several benefits which are very useful for your startup. Getting your startup recognized under the Startup India scheme is not a very difficult process. But, it can be time-consuming. This is why you should hire a professional who can help you with the entire process and documentation. We a...
Read more

Software Company Registration Consultants in Virudhachalam

Image
Call Our Consultants Experts for Software Company Registration in Virudhachalam at +91 72999 72500 Introduction: In the bustling town of Virudhachalam, Cuddalore, opportunities for business thrive amidst a backdrop of rich culture and entrepreneurial spirit. For those aspiring to establish a software company in this vibrant locale, the journey from inception to operation involves navigating through legal and bureaucratic processes. This is where FilingPoint emerges as a reliable partner and consultant, ensuring a smooth path forward.   Software Company Registration Consultants in Virudhachalam   Virudhachalam's entrepreneurial environment benefits greatly from FilingPoint’s personalized approach. Consultants at FilingPoint understand the challenges faced by tech startups and provide tailored solutions. They offer strategic advice on business structures, whether it’s establishing a private limited company, partnership, or LLP, helping clients choose what best sui...
Read more