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Company Registration in India for NRI/Foreigners

India is one of the fast-growing economies in the world today. A Non-Resident Indian (NRI) or Foreigners possesses many opportunities for investing in India. (by Private Limited Company Registration) With faster and simplified electronic submission of documents, NRI's and Foreigners are finding it convenient to start a business in India. Private Limited Company For NRI’s and Foreigners, Private Limited Company is considered to be the ideal business type to register in India. An interesting feature is that it can be started with only two shareholders and it can have a maximum of 200 shareholders. Compliances of a Private Limited Company are simpler as compared to Public limited company. One of the directors should be a resident in India for registering a company. There is no other requirement for approval from the Government or the Reserve Bank of India for foreign directors investing in a Private Limited Company. Steps for Private Limited Company Registration In order to complete the procedure below one needs to produce copies of passport and address proofs attested at their respective Indian Embassies. Name approval Reserve Unique Name (RUN) portal will allow two suggestions for proposed company names. Other section of the portal will allow viewers to check the names of already existing companies. Name approval can also be done by filing the SPICe form (INC-32). Digital Signature (DSC) A Digital Signature Certificate is an electronic copy of a directors identity. It is certified by the agencies appointed under the Information Technology Act, 2000. All the directors of the company should obtain a DSC, which will be valid for a maximum of two years. NRI’s and Foreigners are required to submit self-attested copies of their passports, which should have been notarized by the Indian embassy. Director Identification Number (DIN) Director Identification Number (DIN) is a unique number issued by the government to a person appointed as a director in a company. Every director of a company must have an 8 digit DIN. Once acquired, a DIN never expires and won’t need any further filings. DIN applications should be signed electronically by using a DSC. Self-attested passport copies and address proof should be submitted with passport photographs of the directors. SPICe form INC-32 is a detailed online form covering the application for DIN, incorporation of a company and reservation of a company name. It requires these following documents to be attached for the filing; • Memorandum of Association (MoA) • Articles of Association (AoA) • Office address proof • Copy of utility bills • Identity proof and address of all directors • Foreign directors should submit an affidavit for not having PAN • Trademark registration certificate INC-33 will provide the electronic format of the MoA which outlines the carter of the company. INC-34 will provide the electronic format where the applicants input their AoA. Incorporate your Private Limited Company with Afleo.com. We provide proper guidance and professional help to achieve your dream of starting a company. We have a team of 100+ professionals who are dedicated to helping startups and entrepreneurs.



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Getting scammed has become a bigger issue today than it ever was in the past due to the way we conduct everyday transactions now. It’s much harder to scam somebody using a brick and mortar style of dealing. However, when the customer doesn’t know what they have till they have it, is a completely different story. A lot of shady sites out there will present the deal of a lifetime to you and you might even be tempted to buy into them. A classic case in point is Buy Shotgun of which there is an abundance out there, each trying to undercut the last. It’s because of this huge variety and extremely low prices that we tend to buy into such scams but there are ways to avoid getting scammed online.

If It’s Too Good to Be True, It Probably is

Some scams are easier to spot than others. These are the ones that are presenting absurdly low prices for the thing you are looking for. Take, for example, that you found an excellent price for a handgun on Buy Shotgun but then you see an ad for the same model of handgun but $100 cheaper than what the original site was offering it for. If the original value of the gun is significantly higher than the price the advertised website is offering then it probably is indeed a scam. When presented with a case that you aren’t sure could or could not be a scam, it’s often best to check the prices with other vendors and see how it stacks up against them. If it proves to be an outlier, then it most likely is a scam.

Look for Reviews, Check the Sites Reputation

A lot of online weapon stores are aware that the best way to gain a potential buyers trust is with reviews and that’s why you’ll often see that they have cherry-picked reviews on the website to show you how reliable and trustworthy they are. Unfortunately for them, however, there are also independent review websites (like google reviews) that you can use for a better picture of whether a site can be trusted or not. If the average rating of the site is less than or around 3/5 stars then it probably isn’t the best place to be purchasing something from. Good websites will have reviews somewhere between 4 and 5 stars and though it may have some criticisms about it, there will mostly be positive reviews to read.

Return Policy and Payment Methods

Though reviews can gain the trust of Buy Shotgun in your eyes, your credit card details aren’t something you want stolen during any online transaction. Therefore, it is wise to ensure that a safe payment method is present for transactions for that website. Alternatively, setting up a pin/code verification for online transactions is also another way to add security but having details stolen can be troublesome in itself. Furthermore, what is the websites return policy? Are they going to give cashback? What is the time that they allow you to test the handgun? These are all important questions that you should have the answer to before you buy a gun from a website so that it insures you from a faulty weapon. Perhaps you don’t exactly like the feel of the handgun you just purchased, in that case as well you may want a refund. However, in the latter case you may have to pay a small restocking fee.

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