Registration of Foreign Company in India – Why Is It Becoming Popular?

The registration of foreign company in india is very important and a great advantage for the businessmen. This is because the registration of the foreign company in India can help you to gain more profit and success in business. As the Indian authorities to take more interest in this registration of a foreign company, the registration of foreign companies also becomes important. There are so many documents that are required to be submitted for registration of a foreign company in India. All these different procedures have their own significance. The registration of a foreign company in India has become very easy by the introduction of new registrations procedures.

When you decide to register a foreign company, you should follow the procedures provided by the Ministry of Foreign Affairs (MFA). There are certain requirements needed for registration of a foreign company in India. First of all, the applicant should provide the copy of the passport of the applicant which he/she will use while applying for registration of a foreign company in India. Also, the applicants need to present all the papers related with his/her company to get the approval.
Besides the above-mentioned requirement, there are some documents that are also required for registration of a foreign company in India. Details about the capital amount, names and address of directors, share holding, dates of establishment, statutory powers, the original document and so on are required to be filled in the registration form. The documentations should be original and notarized. Moreover, before the submission of the documents, the registration should be approved through delivery to the authorized officials.
Before getting the registration of the foreign company in India, you should know about the procedures involved. Mostly, the registration of the foreign company takes one month from the time of registration. You can get the registration of the foreign company in India online. In this way, the formalities are less, and the submission is also quick. So, now you do not need to wait for the official officers of the concerned authority in order to get the registration of the foreign company in India.
Registration of business in India through foreign company is becoming increasingly popular because of its easy procedure and comparatively better level of regulation. This is because, the Indian authorities are becoming more vigilant about the activities of illegal companies in the country. If any company is found to be indulging in any kind of criminal activity including money laundering or other such activities, then it would not be granted a registration. So, the registration of a foreign company through Indian registered agents is becoming popular with businessmen because it is easier to get the business permit, and at the same time it has better regulation.
Another advantage of registration of the foreign company in India is that many Indian registered agents are ready to help you get the registration of a foreign company. However, this will depend on the nature of your business. If you wish to conduct trade mostly through telephone, then you need to have a local agent. On the other hand, if your main business is to conduct international trade then you can take the help of a registered agent in India. So, registration of business through agents of India becomes very popular among businessman.