Setting Up a Venture in India
Setting up a venture in India requires the right entry structure, FEMA alignment, incorporation planning, and post-setup compliance design. We help NRIs and foreign promoters evaluate options and execute the chosen model with practical support.
Documents needed by Non-Resident Indian (NRI)
- PAN Card / Passport
- Any one ID proof, such as an Aadhaar card, Voter ID, driving licence, or passport
- Address proof of the home nation in which the individual is residing, that is driving license, mobile bill, any government address proof of that nation etc.
Documents required for the DIN and DSC
- Passport Copy which is attested by Consulate of Indian Embassy or Foreign Public Notary.
- Driving License Copy or Bank Statement or Electricity Bills or any Property Tax Payment Receipt which is attested through Consulate of Indian Embassy or Foreign Public Notary.
- Latest Photo
- Present Profession, Email and Mobile Number and Education Qualification.
Information required for the Name Approval
- Proposed Company Names
- Share Capital Amount
- Proposed Shareholding Ratio amid the promoters
- A paragraph on the proposed major line of business of the corporation (main objects)
- Full Address of the Registered Office of the Corporation along with the Address of Nearest Police Station
- Copy of the NOC from the proprietor of the Registered Office
- Copy of Latest Electricity Bill or Telephone Bill or Gas Bill of the Registered Office
Frequently Asked Questions
Can NRIs, foreign nationals, or foreign entities set up a private limited company in India?
Yes. NRIs, foreign nationals, and eligible foreign entities can invest in or set up an Indian company, subject to the applicable FEMA, FDI, and sectoral rules. Under the company-law framework, at least one director should satisfy the resident-director requirement in India.
What does Director Identification Number (DIN) mean?
A DIN is a unique identification number allotted to an individual who is proposed to be appointed as a director in an Indian company. It is obtained through the MCA filing process based on the applicable incorporation or director-appointment filings and the supporting identity and address documents.
What are the main routes through which an NRI or foreign investor can invest in India?
Broadly, foreign investment is usually evaluated under one of the following routes:
- Automatic Route: Investment can be made without prior approval where the sector and transaction fall within the automatic-route conditions.
- Approval Route: Prior approval is required where the sector or transaction does not fall within the automatic route.
How does incorporation work for an NRI or foreign-promoted company?
The incorporation process is broadly similar to a normal company incorporation, but foreign-promoter cases usually require additional steps such as notarisation or apostille of overseas documents and FEMA-aligned structuring.