Indian Pvt Ltd Setup for Foreign Founder: Incorporation & Statutory Resident Director
Worldwide
We are seeking an experienced Chartered Accountant (CA) or Company Secretary (CS) in India to execute the end-to-end incorporation, GST setup, Reserve Bank of India (RBI) foreign equity compliance, and serve as a non-executive Statutory Resident Director for a new B2B IT infrastructure & cloud software reselling entity (Indian Private Limited / Foreign Wholly Owned Subsidiary). Entity Specifications: Business Sector: IT Infrastructure Services, SaaS Reselling & Cloud Management (NIC Code 62099). Capital Structure: Authorized Capital ₹100,000 INR; Initial Paid-Up Capital ₹10,000–₹20,000 INR (~$120–$240 USD) remitted via foreign equity under the 100% RBI Automatic Route. Ownership: Sole foreign owner/director (Serbian national / US LLC) holding full operational and banking control. Scope of Work (End-to-End Execution): MCA Incorporation: SPICe+ filing, name reservation, Class-3 DSC for foreign national, Director Identification Number (DIN), MOA/AOA drafting, PAN, TAN, and Certificate of Incorporation (CoI). Virtual Office Lease: Sourcing a 1-year GST-compliant Virtual Office lease (NCR/Delhi or Tier-2 tech hub) including NOC and utility bill. GST Registration: Securing official GSTIN approval under SAC Code 998313 (IT Infrastructure). Statutory Resident Director Seat: Serving as non-executive Resident Director under Section 149(3) of the Companies Act. Role is non-signatory with zero bank/contract signing authority, secured by an Indemnity Bond, Undated Resignation Letter, and Board Resolution. Banking & RBI Compliance: Assistance with opening a corporate current account (ICICI, HDFC, or Axis Bank) with the foreign owner as sole authorized transactional signatory, plus filing mandatory Form FC-GPR with the RBI/AD Bank for foreign inward equity remittance. Ongoing Maintenance (Optional Phase): Routine monthly GST returns, annual ROC filings, and ITR-6 tax returns. Candidate Requirements: Active membership with ICAI (Chartered Accountant) or ICSI (Company Secretary). Direct experience onboarding foreign national directors/shareholders under the RBI Automatic Route. Willingness to execute the standard non-executive nominee director safeguards (Indemnity Bond, resignation letter, zero bank access). How to Apply / Proposal Structure: Please provide a fixed-fee proposal broken down into two distinct parts: One-Time Turnkey Setup Fee: (Points 1–5 above, plus an estimate of actual government filing fees). Combined Monthly Retainer: (Resident Director seat fee + routine monthly GST and corporate maintenance). --- Budget & Pricing Expectations: * One-Time Setup Target: $350 – $500 USD (plus actual government filing fees at cost). * Ongoing Monthly Retainer Target: ~$60 USD / month (covering Resident Director seat + routine monthly GST/ROC compliance).
- More than 30 hrs/weekHourly
- 6+ monthsDuration
- ExpertExperience Level
- Remote Job
- Ongoing projectProject Type
Skills and Expertise
Activity on this job
- Proposals:10 to 15
- Last viewed by client:yesterday
- Interviewing:6
- Invites sent:11
- Unanswered invites:2
About the client
- SRBBeograd8:13 PM
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