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Resident Director for Company / Subsidiary in IndiaAre you looking for a Resident Director for your Subsidiary or Branch in India? Then Search here
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Madaan & Co.
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Resident Director for Company / Subsidiary in IndiaAre you looking for a Resident Director for your Subsidiary or Branch in India? Then Search here
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Madaan & Co.
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|
.
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. Resident Director in India requirementSection 149 (3) of the Companies Act, 2013 has provided for residence of a director in India (Resident Director in India) as a compulsory i.e. every company shall have at least one director who has stayed in India for a total period of not less than 182 days in the previous calendar year. If you are Incorporating a new company that has all the Director who are not Indian Resident, you need to hire one Indian Resident Director. Duties and Responsibilities of Resident Director in IndiaResident Director is responsible as a regular director of the company. Resident Director is not involved in operational control of the company. Resident Director is appointed to fulfill the statutory requirements. Directorship will be covered under the officers and liability insurance. Resident Director will participate Board Meetings of the Company, wherever required.
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