
We at Savetaxs cover all NRI-specific business entities, ranging from private limited companies to LLPs, branch offices, and more.
NRIs and foreign nationals can now set up their businesses and entities in India under FEMA 1999 regulations. To establish a company or entity, they must comply with FDI and RBI regulations.
We Have a Skilled Team of Experts Who Focus on Results And Have Excellent Knowledge of NRI Taxation And Business Registrations.
We at Savetaxs cover all NRI-specific business entities, ranging from private limited companies to LLPs, branch offices, and more.
We ensure that every proceeding conducted here complies with all relevant business regulations, including those of FEMA, RBI, and FDI.
We understand that every business is unique, and therefore, we provide custom strategic business plans tailored to your specific needs and goals.
We handle it all, from DSC, DIN, MoA, PAN, GST, and other permits and licenses, to more for your business.
Regardless of your country of residence, with Savetaxs, you can register a company in India from anywhere in the world.
Our CAs have a combined experience of over 30 years in NRI business setup, while our legal team is highly proficient in handling business cases involving NRIs or foreign nationals in India; hence, you will receive expert guidance from us throughout the pr
Whether you're a Non-Resident of India (NRI) or a foreign national looking to invest in India or a global entrepreneur managing cross-border operations, we can help you in all cases.
Whether you want to establish a consulting venture
Whether you want to establish a consulting venture, service, or product, Savetaxs can help you register a legitimate private limited company (Pvt Ltd), LLP, or a subsidiary online. We manage end-to-end compliance without requiring your physical presence.
Suppose you are an OCI planning to operate a business in India
Suppose you are an OCI planning to operate a business in India or invest in one. In that case, we help you strategize the proper structure to maximize tax efficiency, all while ensuring compliance with FDI, RBI, and FEMA regulations.
Are you planning to enter the Indian market?
Are you planning to enter the Indian market? Our team of experts assists foreign promoters and NRIs in establishing liaison offices, branch offices, or wholly owned subsidiaries, as per the guidelines set by the RBI and FEMA.
We help global entrepreneurs running businesses across multiple countries
We help global entrepreneurs running businesses across multiple countries structure their Indian entity in sync with their global strategy, ensuring a seamless flow of funds, tax compliance, and repatriation services for NRIs between India and their count
Our happy customer base shows our excellence, justifying why NRIs and foreign nationals trust us with their business and entity set-up registrations.
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Read MoreRead the commonly asked questions by NRIs from our experts and resolve all your queries
Yes, under the Foreign Direct Investment (FDI) policy, in most sectors, NRIs can own 100% of a company in India, particularly through a Private Limited Company structure. Under this policy, the NRIs and foreign nationals can register for a public limited company, private limited company, or Limited Liability Partnership (LLP) in India.
No, NRIs do not need to visit India for incorporation, as the registration process can be done online and remotely. However, the documents of NRIs should be apostilled and notarized by the Indian consulate or embassy in their resident country to meet the regulatory requirements. Apart from this, at least one resident in the company should be in a director position.
The documents required for NRI incorporation include an apostilled and notarized foreign passport, proof of foreign address, passport-sized colored photos, a Director Identification Number (DIN), and a Digital Signature Certificate (DSC) for directors, and the Memorandum of Association (MOA) and Articles of Association (AOA) of the company.
Generally, the incorporation of a private limited company in India takes 12-18 days for registration. This timeline depends on the time individuals take to complete the registration process and the workload of the officials processing the application.
Under the RBI/FEMA restrictions, NRIs can hold NRE, NRO, or FCNR accounts; they are not eligible for opening a resident savings account in India. Also, they can only invest in Indian stocks, bonds, and mutual funds, but do not qualify for the agricultural sectors. Additionally, in India, they can only buy commercial and residential property and are restricted from purchasing any type of plantation property. Furthermore, when it comes to repatriation, NRIs can fully repatriate FCNR/ NRE accounts and NRO accounts up to US$1 million yearly after all taxes and face lending, loans, and borrowing restrictions from the RBI.
No, it is not always simple or possible for companies to repatriate their profits abroad easily. It is because the repatriation process is subject to international and local taxes, regulations, and currency exchange laws. Additionally, from country to country, it can vary. However, it issue can be resolved with a well-planned strategy, proper understanding of the tax laws, and taking help from tax professionals.