Company registration in India

At the moment, India is considered one of the countries that have an influential economy around the world. It is chosen by many investors due to high company profits, competitiveness and highly qualified workforce. The infrastructure here is well developed, which allows creating excellent conditions for foreign investment. If you are interested in how to register a company in India, contact the specialists at Crystal Tax.

Company registration in India: advantages and disadvantages

Before opening your own company in India, you should carefully study all the possible pros and cons. and "against". Main advantages:

1. Demand in business areas. In India, the most popular areas of activity are agribusiness, IT, pharmaceuticals, trade, business services.
2. Possibility of remote registration. There is no need to be personally present in the country to open your own company. This can be done remotely.
3. Corporate type taxes. For local organizations it is 25%. For foreigners – 40%.
4. Loyalty to foreign investors. India is characterized by openness to investment. True, there are certain difficulties.

Opening a company in India on your own is not easy. It is best to trust the specialists of Crystal Tax. They will help you do everything correctly and quickly.

Registration of companies in India and choice of form of ownership

There are several options for organizations available to non-residents within the country. We're talking about:

1. Private Limited Company. Provides for limiting the liability of owners relative to the amount of their invested capital. There must be at least two founders. The company's shares are not allowed to be listed on the stock exchange.
2. Public Limited Company. This type of company offers the opportunity to attract public capital by placing shares on the stock exchange. The minimum number of shareholders is seven.
3. A company that consists of one person (One Person Company). This is a legal entity that can create an organization. However, liability is limited.
4. Unlimited Company. Used in certain areas of business. The owner has unlimited liability.

Opening a company in India: briefly about taxation

Before registering a business in India, you should carefully study the issue of taxation. Experts name two types of taxes in the country: direct and indirect. The first type is levied on the income that organizations receive in a financial year. These are income tax and corporate tax.

In the first case, it is paid by individuals. Corporation tax applies to companies. Its size is determined based on the rate, which is fixed in the relevant law of the country.

Would you like to know more? Contact Crystal Tax consultants.

Is it possible to open a company in India and obtain citizenship?

Registering a business in India allows you to start by opening a business visa, with which you can easily enter and leave the country for 180 days. Then you can apply for a residence permit. To do this you need to go through a special procedure.

If a person prefers to obtain citizenship, then doing so is not as easy as it seems. To do this, you must live in the country for at least five years. It is important to take into account that you will need to renounce your previous citizenship.

Creating a company in India using Crystal Tax

Having decided to register a company in India, a person begins to look for a reliable partner for this. Crystal Tax is just such a helper. It has been operating on the market for several years, which allows it to quickly and competently resolve the issue of opening a company in any country.

The main advantages of cooperation with our company:

• transparency of terms of cooperation;
• prompt execution of all necessary papers;
• individual approach to solving each situation;
• low cost of services.

Do you want to open a company in India? Call now.