Depending on the nature of business, there are various entry options for a foreign investor to enter into India, such as a Representative Office, Branch Office, Liaison Office, Private Limited Company, Limited Liability Company, etc. After incorporation, the company can open a bank account for the foreign equity coming into India.
To start a company in India, a minimum of two persons and an address are required in India. A company at least should have two directors and minimum of two shareholders.The law allows foreign citizens to become full-time directors or partners in the entity, but at least one of the Directors/Partners should be a resident of India. Directors of the proposed new company need to get Director Identification Number (DIN).