Step 1
Foreign Company Name
Name and Brief object of Proposed Foreign Subsidiary Compan
Firstly, Foreign Owned Company Formation starts with decision of name of company. Name must be unique and it must be according to guidelines of company name. further name should match with companies proposed object/activity.
Application for Reservation of Name of Proposed Foreign owned Company to MCA
Secondly, We need to reserve our proposed company name, for that we need to file application of name to MCA-ROC. Once we obtain name from ROC we can start incorporation process.
Obtaining DIN & Digital Signature of Director(s
Thirdly, We need to obtain Digital Signature (DSC) of all directors for the purpose of signing of forms & MOA-AOA. Also Application for DIN must be filed to ROC for unique Directorship Identification Number. Foreign Individual who will be director are required to obtain digital signature for that we required notarised and apostille copy of Passport, Driving License/Identity Card and Bank Statement of Foreign nationalist.
Step 5
Foreign Company Registration Filing
Filing of Foreign Company Registration in India - RoC Submission
Once Preparation of MOA & AOA completes we need to submit to ROC with required document for directors. Such application includes application for PAN, TAN, IEC, PF, ESIC, GST and Bank Account. All Document must be signed by directors and one professional CA/CMA/CS.
Step 6
Approval of Foreign Co.
ROC will Approve Foreign Owned Subsidiary Company
Within 3 Days of filing of required document ROC will grant Certificate of Incorporation (CIN) with PAN, TAN of Company. Further ROC will forward all other application to respective department for issuance of PF, ESIC, GST, IEC and Bank Account.