NRI & Foreign Business Setup
India is one of the world's fastest-growing economies — and NRIs, OCIs and foreign nationals returning or investing here need a partner who understands both Indian compliance and cross-border realities. Cred Compliances helps NRIs incorporate companies, open bank accounts, comply with FEMA, file taxes and repatriate funds without friction.
Services we offer under NRI & Foreign Business Setup
Indian Subsidiary Setup
Wholly-owned subsidiary of a foreign parent under automatic FDI route.
Liaison / Branch / Project Office
RBI approval, registration and annual filings for foreign companies.
NRI Private Limited Company
Pvt Ltd with NRI/OCI directors and shareholders, fully online.
FEMA & RBI Compliance
FC-GPR, FC-TRS, ODI, ECB and FLA filings handled end-to-end.
NRI Income Tax Return
ITR-2 / ITR-3 with DTAA relief for salary, rent, capital gains and dividends.
Repatriation of Funds
Form 15CA / 15CB, CA certification and coordination with AD banks.
NRO / NRE / FCNR Advisory
Account setup, taxation and repatriation limits explained clearly.
Property & TDS for NRIs
Section 195 TDS, lower deduction certificates and capital gains planning.
Startup India for NRI Founders
DPIIT recognition, tax holidays and investor-ready structuring.
Who needs this
- NRIs planning to return to India and set up a business
- OCI cardholders investing in Indian startups or real estate
- Foreign nationals and companies opening an Indian subsidiary
- NRIs earning rental, capital gains or dividend income in India
- Global freelancers and consultants billing Indian clients
Key benefits
- End-to-end setup — from entity to bank account to first filing
- FEMA / RBI compliant structuring for FDI and ODI
- Lower tax outgo via DTAA planning and correct residency treatment
- Repatriation of profits, dividends and sale proceeds without delays
- Dedicated NRI desk with global time-zone availability
Documents required
- Passport (all pages) and OCI / PIO card, if applicable
- Overseas address proof — driving licence / utility bill
- Indian PAN (or we help you apply)
- Notarised / apostilled director declarations
- Board resolution of foreign parent company (for subsidiaries)
- Bank statement of the foreign remitter
Email documents to document@credcompliances.com
Step-by-step process
- 1
Discovery call
We map your goal — subsidiary, LLP, WOS, branch office or personal investment vehicle.
- 2
Structuring
Recommend the entity and FDI route (automatic vs approval) that minimises tax and reporting.
- 3
Incorporation
File SPICe+ / LLP forms with apostilled documents and issue Certificate of Incorporation.
- 4
Bank & FEMA
Open current / NRO / NRE accounts and file FC-GPR / FLA returns with RBI.
- 5
Ongoing compliance
Handle GST, TDS, ITR, annual ROC and RBI filings so you stay 100% compliant.
Estimated timeline
Entity + bank account typically ready in 15–25 working days. FC-GPR filed within 30 days of share allotment.
Mistakes to avoid
- • Using a resident PAN address that triggers wrong tax residency
- • Missing FC-GPR filing within 30 days of receiving FDI
- • Ignoring FLA return (Foreign Liabilities & Assets) by 15 July every year
- • Not claiming DTAA relief and paying double tax on Indian income
- • Repatriating funds without Form 15CA / 15CB certification
Frequently asked questions
Other services you may need
Business Registration
Pvt Ltd, LLP, OPC, MSME, Startup India and more — set up the right legal entity.
Learn moreGST & Taxation
GST registration, return filing, amendments, notices, ITR and TDS — handled end-to-end.
Learn moreROC & Annual Compliance
AOC-4, MGT-7, ADT-1, DIN KYC and every ROC filing your company needs.
Learn moreTrademark & Intellectual Property
Search, file, defend and renew trademarks — plus copyright and brand protection.
Learn moreTalk to a compliance expert
Ready to start with NRI & Foreign Business Setup?
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