Mandatory Compliance Requirement

Indian Resident DirectorServices

Appoint an Indian resident director for your foreign company in India. Expert assistance for resident director appointment, compliance with Companies Act 2013, and ongoing director services. Mandatory requirement for foreign subsidiaries.

Mandatory
Requirement
182 Days
Residency Rule
Compliance
Support

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Key Benefits

Legal Compliance

Meet mandatory requirement under Companies Act 2013 for at least one resident director.

Compliance Support

Expert guidance on director responsibilities and compliance requirements.

Professional Directors

Access to qualified and experienced resident directors.

Ongoing Support

Continuous support for director-related compliance and filings.

Quick Appointment

Fast appointment process to meet compliance deadlines.

Expert Guidance

Expert advice on director duties, responsibilities, and best practices.

Appointment Process

FastLegal streamlines your resident director appointment process

1. Requirements Assessment

Assess company requirements and identify suitable resident director candidate.

2. Director Appointment

Complete director appointment process including DIN application and board resolution.

3. Compliance Setup

Set up compliance framework for director-related requirements and filings.

4. Ongoing Support

Provide ongoing support for director compliance, filings, and responsibilities.

Frequently Asked Questions

What is an Indian resident director?

An Indian resident director is a director who has stayed in India for at least 182 days in the previous calendar year. Every private limited company in India must have at least one resident director as per Companies Act 2013.

Is a resident director mandatory for foreign companies?

Yes, a resident director is mandatory for all private limited companies in India, including foreign subsidiaries. This is a legal requirement under the Companies Act 2013, and non-compliance can result in penalties.

What are the residency requirements for a director?

A director is considered a resident if they have stayed in India for at least 182 days in the previous calendar year. This requirement must be met continuously to maintain resident director status.

What are the responsibilities of a resident director?

A resident director has the same responsibilities as other directors, including attending board meetings, signing documents, ensuring compliance, and fulfilling statutory obligations. They also serve as a local contact point for regulatory authorities.

Can a foreign national become a resident director?

Yes, a foreign national can become a resident director if they meet the 182-day residency requirement. However, they must have a valid visa and comply with Indian immigration laws.

What documents are required for director appointment?

Required documents include: DIN (Director Identification Number), PAN card, Aadhaar card, address proof, passport (for foreign nationals), and other documents as specified by MCA.

What happens if a company doesn't have a resident director?

Non-compliance with the resident director requirement can result in penalties, disqualification of directors, and other legal consequences. The company may also face difficulties in filing annual returns and other compliance documents.

Can FastLegal provide resident director services?

Yes, FastLegal can assist in identifying and appointing qualified resident directors, handling the appointment process, and providing ongoing support for director-related compliance and responsibilities.

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