Company Formation in India

Companies Act

The Companies Act is a comprehensive piece of legislation that governs the incorporation, functioning, and management of companies in India. The Companies Act was first enacted in 1956 and was subsequently amended several times over the years.

Shareholders and Directors

1. Incorporating a company in India does not require the appointment of a local director.
2. Foreign nationals have the opportunity to establish a company and hold up to 100% foreign equity, subject to sector-specific regulations and approval from either the Reserve Bank of India (RBI) or the Foreign Investment Promotion Board (FIPB). The extent of foreign equity ownership varies based on the sector in which the company intends to operate, and adherence to the prescribed guidelines and approval processes is essential.

Memorandum & Articles of Association

At ASKCA, we understand the significance of a well-crafted Memorandum & Articles of Association (M&A) for the smooth functioning and legal compliance of your company. As leading experts in corporate law and company formation, we provide comprehensive guidance and support in preparing these essential documents tailored to your specific business needs.

Share Capital

Share Capital is a crucial aspect of a company’s financial structure, representing the total value of shares issued to shareholders. Whether you’re a startup, a growing enterprise, or an established corporation, understanding the intricacies of Share Capital is essential for effective capital management and business growth.

Accounts & Auditors

With ASKCA by your side, you can rest assured that your company’s accounting and audit matters are handled with precision and professionalism, allowing you to focus on growing your business confidently and compliantly.

Public Filings

In the process of Company Formation in India, complying with various public filing requirements is of paramount importance to ensure transparency, legal compliance, and accountability.

At ASKCA, we offer comprehensive assistance in managing all your public filings efficiently. From the registration of the company with the Registrar of Companies (RoC) to subsequent filings like Annual Returns, Financial Statements, and Directors’ reports, we ensure that all your statutory obligations are met on time. Our team of experts is well-versed with the intricacies of public filings, including e-filing procedures, ensuring a seamless and hassle-free process. Additionally, we stay up-to-date with the changing regulatory landscape, enabling us to navigate through any amendments or new requirements with ease. By entrusting your public filings to us, you can be confident that your company complies with all legal and regulatory obligations, safeguarding your reputation and fostering a positive relationship with stakeholders and regulatory authorities alike. Focus on your business growth while we take care of your public filings with diligence and precision at ASKCA.

Annual Meetings

Company formation in India entails adhering to various regulatory requirements, and one of the crucial obligations is conducting Annual Meetings.

At ASKCA, we understand the significance of these meetings in fostering transparent communication between the company’s management and its stakeholders. We assist businesses in organizing and managing their Annual General Meetings (AGMs) in full compliance with the Companies Act and other applicable laws.

Our team ensures that all necessary documentation, such as financial statements, director’s reports, and other relevant information, is prepared and presented accurately during the AGM. We provide expert guidance on the agenda and procedures of the meeting, facilitating meaningful discussions and decision-making.

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