Advertise With Us

    Meaning of Foreign Nationals in Incorporation Rule

    Posted By : KAMAL / Published on : 24-Apr-2023 05:24 AM / View : 188 / Comment : 0

    Print button
    Please confirm NRI includes in the Definitions of Foreign Nationals while doing Incorporation. Documents of NRI needs to be appostile or notarised in case signing or execution taken place out side India ?

    MOA & AOA in that case how to file ? As E-MOA & E-AOA is applicable but CRC asking to provide in physical manner. Its totally contradiction

    (5) Where subscriber to the memorandum is a foreign national residing outside India-

    (a) in a country in any part of the Commonwealth, his signatures and address on the memorandum and articles of association and proof of identity shall be notarized by a Notary (Public) in that part of the Commonwealth.

    (b) in a country which is a party to the Hague Apostille Convention, 1961, his signatures and address on the memorandum and articles of association and proof of identity shall be notarized before the Notary (Public) of the country of his origin and be duly apostillised in accordance with the said Hague Convention.

    (c) in a country outside the Commonwealth and which is not a party to the Hague Apostille Convention, 1961, his signatures and address on the memorandum and articles of association and proof of identity, shall be notarized before the Notary (Public) of such country and the certificate of the Notary (Public) shall be authenticated by a Diplomatic or Consular Officer empowered in this behalf under section 3 of the Diplomatic and Consular Officers (Oaths and Fees) Act, 1948 (40 of 1948) or, where there is no such officer by any of the officials mentioned in section 6 of the Commissioners of Oaths Act, 1889 (52 and 53 Vic.C.10), or in any Act amending the same;

    (d) visited in India and intended to incorporate a company, in such case the incorporation shall be allowed if, he/she is having a valid Business Visa.

    Explanation.- For the purposes of this clause, it is hereby clarified that, in case of Person is of Indian Origin or Overseas Citizen of India, requirement of business Visa shall not be applicable.

    Read more on : rule incorporation nationals foreign meaning

      Please Select File:



    Other Queries from KAMAL
    Like us on Facebook
    Follow Us on Twitter

    We are always here to help you. Don’t hesitate to contact us anytime!

    +91-9988424211 or ask@compliancecalendar.in