Company Formation in India by Iranian Nationals

How can a Iranian company form company in India? What are the requirements and documents required for the same?

The basic details are: 

• Minimum 2 shareholders are required. 99.99% shares can be held by the parent Iranian entity an do.01% can be help by another company or any individual.

• Minimum 2 directors are required and at least 1 should be Indian resident. It is not mandatory that you allot shares to the directors. ( we can help you with resident director services if needed)

•  Its a completely online process and can be completed in 20 working days once we receive the documents.

What are the documents required by the Iranian company or Iranian nationals to setup a company in India?

If its a subsidiary company the following documents of parent Iranian company are required:

• Certificate of Incorporation of Iran Company

• Address proof

• Board Resolution (will be provided by us)

• Passport copy

• Address Proof

• Photo

Which bank can a Iranian company open a bank account in India?

With company registration we can also assist you open a bank account in any of the following banks:

•  IDBI bank
• Indusind Bank

What are the compliances after you form a company in India?

The compliances after you form a company in India are:

• Statutory Audit
• ROC Filing
• Tax returns
• GST returns
• Secretarial Compliances

The tax rate for the Iranian subsidiary company is 26% on the profits.

What are the steps to form a company in India?

The steps to firm the company in India by a Iranian national are:

1. Apply for Digital Signature of all the directors and share holders. Its a online process and can be completed in 3 days
2. Name Application through RUN. It can be completed in 2 days.
3. Preparation of company charter that is MOA and AOA of the company. It can be completed in 3 days.
4. Submission of SPICE form for incorporation
5. Opening of bank account and issue of share certificates.