Company Registration in India from UK – Advantages of UK Company registration in India and Business Strategy for starting UK Company in India

India is one of the economies in the world that is expanding the fastest, and it has a sizeable market with more than 1.2 billion people. Opportunities in India have drawn significant amounts of foreign direct investment into the nation, and as more foreign companies establish operations in India, the quantity of FDI inflow keeps rising year. This article explains in detail how international businesses can startups in India. In this article information on Setting up a company in India from UK, Documents required for Company Registration in India from UK, Advantages of UK Company registration in India, and Business Strategy for starting UK Company in India.

Introduction

The beginning of a long-term trade and investment relationship between the UK and India, where many potential future opportunities exist and can mutually benefit the two nations and allow the potential of both economies to be realised to the fullest extent, would be marked by the signing of a bilateral investment treaty that provides for, protects, and promotes FDI (Foreign Direct Investment) flows. It is also interesting that both governments are working extremely hard to accelerate the rate of economic growth in their respective nations.

India is one of the top commercial destinations for many UK companies due to its long history and relationships, and the UK government is steadfastly devoted to promoting its current investment ties with India, the largest democracy and market in the world with significant economic strength.

Since 2000, there has been a noticeable growth in the number of UK companies doing business in India, and during the past two decades, new businesses have been incorporated far more frequently than they did during the whole 20th century.

Advantages of UK Company registration in India

Below are the 5 Key benefits of UK Company registration in India:

• By establishing a company in India will help the UK (Foreign) company improve its rank in the global index.
• With online processes and one-window processing, the incorporation process and post-registration steps have been streamlined.
• In India, foreign nationals or entities establish a permanent economic presence and legal entity.
• Foreign entities benefit from indirect control and supervision by having at least one Indian resident director.
• When compared to other business structures, establishing a private corporation in India is simple. Apart from the permissive norms, the company’s setup is a breeze.

Different Business Ways for starting UK Company in India

• Private Limited Company
• LLP (Limited Liability Partnership)

Above are the 2 ways that are most beneficial for a a foreign company to establish there business in India. Below are the Business Ways that can be opt by NRI:

• Branch Office
• OPC (One Person Company)
• Liaison Office
• Project Office

Documents required for Company Registration in India from UK

• Notarized ID proof of all the Foreign Directors/shareholders
• Address proof of the Foreign Directors/shareholders (Notarized )
• Notarized Address proof of a registered office of the Parent Company
• Photograph of all the shareholders and directors
• Notarized Incorporation Certificate of the Parent Company
• Address proof of a registered office of the Subsidiary Company in India

Specific documents requirement for UK companies or a UK citizen to register a business in India is listed below:

• The utility bill as address proof shall be submitted to ROC.
• A company must have a registered office in India.
• The use of a rental office as a registered office of a corporation requires a letter of authorization from the landlord.
• Utility Bill/Bank Statement shall not be older than 2 months.

Conclusion

The Indian government is making all-out efforts to safeguard and encourage FDI (Foreign Direct Investment) inflows, promising to secure a long-term connection between the UK and India for trade and investment, help bridge current gaps, and enable both economies’ full potential to be realized. After Brexit, the UK is continually working to forge strong links with India by recognizing the tremendous business potential brought on by the Indian Government.