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  At Aavana, we provide end to end foreign   Company Registration Services.   Your satisfaction is our top priority and we believe in rendering only the best services available. We also provide help with online foreign company registrations and our professional staff will assist you with  Online Company Registration in India Get in touch  with us today for any further clarification regarding the  foreign company registration in India. Turn Key Solutions For Foreign Company Registration In India Foreign Company Registration Deliverables Today, financial services are offered by many companies, but the modernized approach by us is that we offer an amalgamation of  Financial Services  with easier and faster accessible technology. We strive hard in growing our client database by rendering on-time delivery of services, quality of services and round the clock services. Our highly experienced and dedicated staff will attend to all your queries with respect to documentation, legal formalities,

  PROCEDURE FOR APPOINTMENT OF A DIRECTOR IN A PRIVATE LIMITED COMPANY The functioning of a private limited company is mainly vested upon a  director . The director holds key responsibilities of maintaining and running the business. Obtaining the consent of the proposed director The consent of the proposed director is taken to act as the Director of a company. The company must obtain Form DIR 2 before proposing the director of the company  Obtaining  Digital Signature  of the Proposed Director A Digital Signature has to be obtained by the director from the Certifying Authority of India Obtaining Director Identification Number The company should apply for a  DIN  if in case the director does not have a DIN. The resolution is to be attached with FORM DIR 3 which is a new requirement for obtaining DIN. DIN is allotted to a director only once in his lifetime. The company should obtain all educational and KYC documents. It is to be noted that there is no minimum requirement of education for

  Post Incorporation process for Company Registration in India A foreign subsidiary company  is a partially or wholly-owned company that is a part of a larger corporation. The larger corporation must be headquartered in another country. The foreign subsidiary company works according to the laws of the country in which they are located. The Parent company may be the majority shareholder of the subsidiary company or have a greater representation on its board of directors. Steps to be followed after incorporation of the company Opening a bank account to receive subscription money The receipt of subscription should be obtained from the foreign subscriber Declaration of commencement of business – filing of e-form 20A As per FDI guidelines, collect the FIRC certificate from the bank Issue of share certificate Allotment of shares needs to be done within 2 months from the date of incorporation of the subsidiary company to the subscribers. As per FDI guidelines, filing of FC GPR with the RBI ne

  GST Registration is not a puzzle that can be solved overnight. You may find the concept a bit new or you may come across some loop-holes in this newly introduced tax reform. But as time progresses you will slowly get acquainted with the  GST Registration in Bangalore . The below article gives you an insight into GST registration and how to get  GST registration online . It was a historic day for the nation in July 2017, when the Goods and Service Tax (GST) came into effect. Our Honourable Prime Minister Sri. Narendra Modi approved the bill in the Parliament House in front of many members who were present in both the houses. The main reason to introduce the GST was to bring an end to many indirect taxes and to bring transparency and accountability.  From here onwards it is mandatory to convert the existing Value Added Tax (VAT) and Central Sales Tax (CST) and other Service Taxes to the new tax reform what we know as GST Registration. GST is turning out to be one of the biggest tax ref

  Documents Required of LLP Registration The  LLP  is a legal entity registered with the Registrar of companies under the Limited Liability Partnership Act 2008. It is being regulated by the Ministry of Corporate Affairs, a form of  partnership  that is often found in firms where liability is a big issue. Such kinds of firms include medical practices, law offices, and  accounting  firms. Any Individual or even a company or an LLP can become a partner, However, only an individual can become a designated partner in an LLP. Here is the list of basic documents required for LLP registration KYC requirements of Partners (with self-attestation) Latest passport size photo. Copy of Pan card of Partners Copy of Aadhaar Card Copy of Voter Identity card/ driving license/passport of the partners. In the case of NRI or foreign nationals, passport copy has to be notarized at the Indian Embassy of the particular country. Notarized utility bill of the particular country where the NRI or foreign nationa

  How to do Foreign Company Registration in India? Nobody would have ever imagined that they could register a foreign company in India say a decade back? Many NRIs and companies would have dreamt big off setting up a company in India. But unfortunately, their dreams would not have turned into a reality as the situation was not that congenial due to many restrictions imposed by the Government. Those days were the thing of the past.   Today, the scenario is totally different than what it was before. India is known to be one of the fastest growing economies in the world in recent times. The factors responsible for this dynamic growth being healthy resources and a large market base. In the past few years due to the changed regulatory environment, there has been a huge boost in foreign direct investment (FDI). Hence setting up a business for NRIs have become a hassle-free process. Globalization has paved way for creating ample opportunities not only for Indians but also to foreign citizens.

Different types of Bookkeeping Services Recording the financial data of a business in an orderly manner which will help for future reference is termed bookkeeping. Many businesses prefer outsourcing their bookkeeping to professionals rather than doing it on their own. Types of bookkeeping Single Entry Bookkeeping:  Businesses with minimal and uncomplicated financial transactions adopt this method of bookkeeping. This is a basic system of bookkeeping that a company uses to keep track of daily receipts or generate daily, weekly reports of cash flow. This system is not used for businesses that have accounts receivable, accounts payable, or many capital transactions. However, this system cannot be used by a bigger business with a huge sum of financial transactions as it lacks arithmetic accuracy and is not acceptable for tax purposes. Double Entry Bookkeeping:  This type of bookkeeping is required by businesses that have complex financial transactions. This system provides checks and balan

  How to raise funds for a company When you start a business, you must also ensure that you have the proper funding option available. According to a recent study, most businesses fail due to a lack of funds. Raising funds for a new company involves various risks factors also. Fundraising  is nothing but seeking financial support to start a business or any charitable organization. Here are a few funding ideas that will be useful for your company. Crowdfunding Crowdfunding is one of the funding options available for a start-up that has been gaining a lot of popularity lately. Crowdfunding is nothing but taking a loan, pre-order, contribution, or investments from more than one single person at the same time. Detailed information of the business is put up on the  crowdfunding  platform. The company needs to mention the goals of their business, plans for making a profit, how much funds they require, etc. Customers will have access to all such information and fund the business if they seem t