FOREIGN COMPANY INCORPORATION
Globalization has helped companies work in multiple countries seamlessly, reducing trade barriers and improving economic conditions.
Foreign companies can incorporate and function in India if they follow certain compliance measures and guidelines.
Running a foreign company in India requires business owners to comply with various regulations and guidelines. The Companies (Registration of Foreign Companies) Rules, 2014 prescribes these guidelines and regulates the registration of foreign
companies in India. These regulations comprise of rules relating to publishing details regarding directors and secretaries to the Registrar.
It is crucial that business owners keep themselves updated regarding such rules to ensure compliance and prevent penalties. Because of companies having less than 20% domestic content from government tenders being disqualified from public procurement possibilities, foreign firms have begun scrambling to set up establishments in India. Indian CA firms reported a rush from foreign companies to register in India to comply with the ‘Atma Nirbhar Bharat’
rules. We at MARCKS Network, provide business advisory services to foreign
companies and individuals. We believe that for a foreign individual, India continues to
not be a lucrative goal for large-scale businesses.