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Indian company registration
BalasHapusEstablishing a presence in India is key to overcoming cultural alienation, targeting specific emerging markets with huge potential within India, and leaping over bureaucratic hurdles. India still carries plenty of promise as one of the world’s largest economies and consumer markets. It is one of the rare countries that has continued to attract FDI investment even during the pandemic.
Procedure for Indian company registration
1. Check Company Name: Use the RUN service on the Ministry of Corporate Affairs website to check Name availability for your company.
2. Get a Digital Signature Certificate: A digital signature certificate is required for all the directors and subscribers of the Memorandum of Association. Since the Indian company registration process is fully online, one needs a digital signature to sign digital documents on the MCA portal.
3. Director Identification Number: At least one director of your company must have a DIN number. The DIN number of the proposed director and their address proof is a must to proceed with the Indian company registration.
4. Registration on the MCA portal: One must fill the SPICe+ INC 32 form for successful registration on the MCA portal. To get this done, the directors of the company have to register themselves on the MCA portal. Once that is done, log in to the MCA portal services and fill all the e-forms you can see for successful registration.
Why Company Formation in India?
With the population of over 1.3 billion & per capita GDP of approx. USD 1964.88, India is one of the world’s fastest-growing economies. When you talk about developing economies, India features in the list of the top few countries that cannot be ignored
Fourth-Largest Economy in the World
Fastest Growing Country in the World
Taxation benefits for foreign entrepreneurs
Singapore company registration
BalasHapusFrom getting your company name approved by the ACRA to scouting for local Directors, Corporate Secretaries, or a Singapore address, we can help you in Singapore company registration process and launch your business from scratch with just $1 paid up capital requirements.
If you’re in India and looking for a break from its heavy-handed ‘inspector-license-raj’ and convoluted taxes, Singapore is the right place to incorporate your company. Why, you might ask?
For one thing, corporate taxes in India are still at 30% for big-bracket-earners while corporate taxes in Singapore are just 17%.
Top that with 0% Capital Gains Taxes (15-20% in India)
0% taxes on Dividend Distribution (now disguised as 10% TDS on dividend income)
That’s why Flipkart, MobiKon, and MediaLink have incorporated their parent companies in Singapore even as they own 100% shares in their Indian subsidiary.
How to Register a Company in Singapore
The Registration Process for a Singapore Company at a Glance
Choose your Company Name
Choose your Company Type
Decide on a Financial Year End
Appoint Directors, Company Secretary, other Key Personnel
Allocate Share Capital
Get a Registered Office Address in Singapore
Create your Company Constitution