Subsidiary company registration by Russian Nationals

Регистрация компании в Индии

Time Taken to register a company in India with Russian nationals : 8-10 business Days after we receive the documents.

Cost: Starts from USD 1100 including government fees

Documents required: All the below documents should be translated in English and notarized by local notary in Russia:

1. Passport of the proposed shareholders
2. Address proof that is electricity bill or Bank statement
3. Driving license

Type of company which is most suited for Russian Nationals:

Private limited company in the most suitable option. A Russian corporation or the Russian individuals can be the shareholder in this company. 100% shares can be owned by the Russian nationals or companies.

Basic requirements to register a Private limited company company:

• Directors – Minimum 2 directors are required and 1 should be an Indian resident. We do provide nominee directorship services.
• Shareholders – Minimum 2 shareholders are required and both can be foreign nationals or foreign companies or combination of both.
• Office Address – A office address in India is mandatory to register a company. You can even subscribe for a virtual office address. The virtual office address in India can be obtained in as low as USD 50/month

Bank Account

A bank account by the Russian Subsidiary can be opened in any Indian Bank or the International bank. We introduce you to the banker and assist you with the documents required for the bank account opening. It takes 10-12 days to get the bank account.

Steps to register a Indian company by Russian Nationals:

1. Name Approval – We apply for the name to check its availability. It is usually approved in a day or 2.
2. Documents Preparation – After the name is approved we prepare other set of declaration which you need to sign and get notarized in Russia.
3. We then upload the form for the company registration.

Compliances after the company is registered in India

Statutory Audit – Its mandatory for every company to get the annual statutory audit conducted every year.

GST Filing – Monthly GST filing is mandatory

Income Tax return – Annual income tax return is mandatory

Secretarial compliances – Annual secretarial compliances is mandatory for every company