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ajshco
PostPosted: Wed 11:49, 12 Jun 2013    Post subject: Registration of foreign companies in India Services

Local Agents
A foreign company having a place of business in India is required, within 30 days of the establishment of a place of business in India, to deliver to the Registrar the names of the persons in India authorized to accept service of process on the company and the full address of the office of the company in India.

Registration of charges executed outside India
Foreign companies must register, with the Registrar, the particulars and the instrument of all charges on property, wherever situate (Companies Act, sec 127 and 600). The fees for registration vary from time to time and are set out in Sch X of the companies Act.

Bodies with Jurisdiction
The statutory bodies, which mainly exercise jurisdiction over foreign companies, are:
The Central Excise Department;
The Commercial Taxes Department;
The Income Tax Department;
The Reserve Bank of India;
The Department of Industries; and
The Registrar of Companies.

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