ARKC advisors

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Company formation in India is regulated by the Companies Act 2013, which outlines the legal framework for incorporating and managing companies. The Act encompasses various aspects such as company types, governance, financial reporting, and compliance. Whether you’re a domestic entrepreneur or a foreign investor, adhering to the Companies Act is essential for legal and operational compliance.

  • Expert Guidance:Private Limited Company: Limited to a maximum of 200 members and does not offer shares to the public.
  • Public Limited Company: Can offer shares to the public and has a minimum of seven members.
  • Limited Liability Partnership (LLP): Combines the benefits of a partnership with the limited liability of a company.
  • One Person Company (OPC): A single-member company that provides limited liability to its owner.

Foreign nationals can own up to 100% of a company in India, subject to sector-specific regulations and approvals from the Reserve Bank of India (RBI) or the Foreign Investment Promotion Board (FIPB). Foreign nationals can also serve as directors, but a local director must be appointed to comply with Indian regulations.

The Memorandum of Association (MOA) outlines the company’s objectives and scope, while the Articles of Association (AOA) details the internal rules and procedures. Both documents must be stamped, with the stamp duty varying based on the company’s authorized share capital.