🎯 Incorporate a Subsidiary of Foreign Company at Prokhata 📊
✅ Services Covered
- 📄 Filing of E-forms
- 🏷️ Name approval in RUN (Reserve your unique Name)
- 🖊️ DSC Class-2 (2 nos)
- 📜 Issue of Incorporation Certificate along with PAN and TAN
- 💰 Includes Govt Fees & Stamp duty for Authorized Capital up to ₹1 Lakh (except for Punjab, Madhya Pradesh, and Kerala)
- 📄 GST Registration
🛒 Who Should Buy
- 🚀 Foreign businesses looking to expand or scale operations in India
📝 How It’s Done
- 💳 Purchase of Plan
- 👤 Client to provide details of at least one Resident Indian Director
- 🖊️ DSC Application (if needed)
- 📄 Company Name Reservation with RUN
- 📤 Filing of e-Forms with ROC
- 📜 Receipt of Incorporation Certificate
Estimated Time: 20 days
📄 Documents to be Submitted
- 📸 Passport size photos of directors
- 🏠 Address proof of directors
- 🆔 Photo ID proof of directors
- ✍️ Specimen signature
- 📝 Self-declaration about your directorship in other companies
- 🏢 Rent agreement of your registered office
- 📜 No objection certificate from the owner of the property (if applicable)
❓ Frequently Asked Questions (FAQs)
📃 What is SPICe – process of company incorporation?Simplified Proforma for Incorporating Company electronically (SPICe) is a fast track registration procedure initiated by the Ministry of Corporate Affairs which enables a single form application process for company registration. The normal registration route can take up to thirty days, but if SPICe is followed, the whole process can be closed within **7 days**.
📄 How can I become eligible to get benefits under the Startup India Initiative?To qualify as a “Startup” for government schemes, you must be a:
– Private Limited Company
– Registered Partnership Firm
– Limited Liability Partnership
– Private Limited Company
– Registered Partnership Firm
– Limited Liability Partnership
Further conditions include:
– Not more than **5 years** have passed since incorporation/registration
– Turnover has not exceeded **INR 25 crore** in any financial year
– Working towards innovation, development, deployment, or commercialization of new products, processes, or services driven by technology or intellectual property.
Our experts will guide you on how to register under the Startup India Initiative and avail the benefits.
🔍 I want to start a business in app development. What other registrations will apply to me?Apart from getting your GST registration, you should consider protecting your brand by registering a trademark. If you’re developing proprietary software or intellectual property, securing copyright is also essential. Our experts can assist you with trademark and copyright registration.
💰 I need to raise capital from external sources. Do I get any advantage on getting registered as a private limited company over other forms?Yes, the capital structure of a private limited company accommodates equity funding easily, making it more attractive to venture capitalists compared to other structures. Being a compliant entity also facilitates capital infusion from banks and financial institutions.
❗ Do I need to be physically present during this process?No, your physical presence is not required during the process as everything can be done online.
💼 Is stamp duty payable during the incorporation process?Yes, stamp duty charges are imposed by the state where the registered office is located. These charges are covered under the plan for all states except Punjab and Madhya Pradesh. Our experts will guide you on any additional charges for these states.
⏳ How much time is needed to set up a private limited company?The registration process is completed when you receive a certificate of incorporation (COI) issued by the registrar. The application can be processed within **7 working days**.
🔑 Can an NRI also become a director in a company? What additional documents are required?Yes, an NRI or foreign national can become a director in an Indian private limited company. However, at least one director must be a resident of India. Additional documents required include:
– Copy of Passport attested by Consulate or Foreign Public Notary
– Address proof attested by Consulate or Foreign Public Notary
– Copy of Passport attested by Consulate or Foreign Public Notary
– Address proof attested by Consulate or Foreign Public Notary
RBI approval is required for foreign capital contribution, and additional charges may apply.
🚀 Get Started Today!
Don’t let the complexities of incorporating a subsidiary hold you back. Join countless satisfied customers who have streamlined their business processes with Prokhata.
Contact Us Now!
Visit Prokhata.com or call us at +91-8319130080 to start your incorporation process today! Let us help you establish your business legally and efficiently.
