Foreign Company Registration
Foreign company registration involves a series of legal procedures and compliance requirements to establish and operate a business entity in the country. India has a well-defined regulatory framework for foreign companies seeking to set up operations, and the process is governed by the Ministry of Corporate Affairs (MCA). Foreign companies are typically required to appoint a local representative or agent to liaise with Indian authorities. Additionally, obtaining necessary approvals from sector-specific regulatory bodies may be mandated depending on the nature of the business. It is crucial for foreign entities to meticulously adhere to India’s Foreign Exchange Management Act (FEMA) guidelines throughout the registration process to ensure compliance with currency and financial transaction regulations. Seeking professional legal advice is highly recommended to navigate the intricacies of Indian corporate laws effectively.
Navigating the complexities of entering new markets and establishing overseas entities can be challenging, but with expert team guidance, you can streamline the process efficiently. Our company formation specialists ensure swift setup tailored to your specific requirements, regardless of your organization’s size or industry. Our services cover everything from adhering to regulations and timelines to preparing and submitting necessary documentation, ensuring your business is registered promptly with the relevant authorities. Trust us to guide you through these crucial first steps, overcoming language barriers and potential delays for seamless operational readiness.
Registration and Support & Services for Overseas SMEs and Companies
Fidelity Professional Advisors, a distinguished financial advisory firm, stands as a beacon for foreign entrepreneurs seeking seamless company incorporation in Singapore. We offer a hassle-free registration process for foreign entities, eliminating the need for physical presence. Backed by local experts, clients benefit from support via live chat, email, and phone, as well as easy access to in-person consultations. The registration process, conducted entirely online, eliminates the need for travel, with handling document collection, form filling, and ensuring compliance with local requirements. From the outset, we emphasizes on tax efficiency, providing expert advice on business structure, accounting setup, and available tax reliefs. We caters to a diverse clientele, ranging from solopreneurs in various professions to entrepreneurs expanding their businesses into new markets. The firm also assists those already operating from Singapore, helping them secure the right visas based on their specific circumstances.
Our pricing plans cater to different business needs. The “Incorporation only” plan covers the essentials for those with existing accountants, while the “Fully compliant” plan offers an all-inclusive compliance package, including unlimited corporate secretary services and comprehensive accounting and tax support. The incorporation packages encompass services such as registration preparation, ACRA name checking, nominee directorship, and a registered address for a specified duration.
The firm further distinguishes itself by providing additional services through add-ons, including CorpPass Registration, Letter of Consent (LOC) application, and Employment Pass (EP) and Dependant’s Pass (DP) renewals. Our team streamlines the process of meeting official requirements set by Singapore’s Accounting and Corporate Regulatory Authority (ACRA), ensuring the appointment of a corporate secretary, a nominee director, and a local registered address. The firm’s dedication to helping businesses succeed in Singapore is reflected in its comprehensive support beyond the initial setup, covering aspects like bank account opening, tax, accounting, and bookkeeping services.
Fidelity Professional Advisors emerges as a trusted partner for foreign entrepreneurs navigating the complexities of company incorporation in Singapore. With a commitment to innovation, compliance, and client satisfaction, our online platform, supported by local experts, redefines the landscape of financial advisory services, making it the go-to choice for businesses looking to establish and thrive in the vibrant Singaporean market.
Following are a range of services, we provide a to foreign companies looking to establish their presence in the country:
Entity Selection
- Provide guidance on the most suitable business structure based on the nature of operations, such as liaison office, branch office, or wholly-owned subsidiary.
- Ensure that the chosen business structure complies with Indian laws and regulations.
Incorporation
- Conduct a thorough check to verify the availability of the proposed business name and suggest alternatives if needed.
- Assist in obtaining digital signature certificates for authorized representatives.
- Help with the application process for Director Identification Numbers for directors of the foreign company.
- Assist in preparing and collating necessary documents for registration, including the Memorandum of Association (MOA) and Articles of Association (AOA).
- File the necessary documents with the RoC for the registration of the foreign company.
- Monitor the progress of the application and address any queries or requests for additional information from the RoC.
- Manage the payment of registration fees and other associated costs.
- Ensure the timely receipt of the Certificate of Incorporation from the RoC.
Post Incorporation Support
- Assist in obtaining the Permanent Account Number (PAN) and Tax Deduction and Collection Account Number (TAN) after incorporation.
- Provide a checklist of ongoing statutory and regulatory compliance requirements.
- Assist in filing annual returns, financial statements, and other mandatory documents with the authorities.
- Offer guidance on tax planning strategies to optimize the foreign company’s tax liabilities in India.
- Conduct statutory audits and compliance audits as required by Indian laws.
- Keep the foreign company informed about any changes in Indian laws and regulations that may affect its operations.
- Act as a liaison between the foreign company and regulatory authorities, representing the company’s interests.
- Provide assistance in case of closure, winding up, or deregistration of the foreign company in India.