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New Registration by Foreign Company

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..... Dear Experts, Please resolve my query !! A foreign co. wants to set up a new factory and all directors are foreigners and i want to know that whether they can set up a premises or there will be requirement of Indian director or some surety or something else. Thanks in advance. - Reply By KASTURI SETHI - The Reply = Sh.Varun Arora Ji, In my view there is no such restri .....

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..... ction or conditions mentioned by you. - Reply By Ganeshan Kalyani - The Reply = Sir, I agree with the views of Sri Kasturi Sir. Thanks. - Reply By KASTURI SETHI - The Reply = Sh. Varun Arora Ji, Sh.Sanjay Malhotra, CS an expert in this forum is experts in All Acts. You may seek guidance from him also. - Reply By Rajagopalan Ranganathan - The Reply = Sir, Rule 9 .....

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..... of Central Excise Rules, 2002 which governs the procedure for registration does not contain any condition regarding composition of Board of Directors of a company which seeks registration. Therefore there is no requirement of presence of Indian director in the Board to obtain registration under Central Excise Act, 1944 and the rules made thereunder. - Reply By KASTURI SETHI - The Reply = It .....

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..... is not a question of Central Excise Act only. What is the requirement of the Company Act , Income Tax Act, VAT, Factory Act , Estate Office etc. ?These are also relevant in this regard. - New Registration by Foreign Company - Query Started By: - CA. Varun Arora Dated:- 9-7-2016 Central Excise - Got 5 Replies - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, p .....

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..... ersonal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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