New Registration by Foreign Company

[Varun Arora]

Dear Experts,

Please resolve my query !!

A foreign co. wants to set up a new factory and all directors are foreigners and i want to know that whether they can set up a premises or there will be requirement of Indian director or some surety or something else.

Thanks in advance.

AI Summary

Board composition: central excise registration does not require an Indian director; other statutes may impose separate requirements.
Rule 9 of the Central Excise Rules, 2002 contains no condition on board composition; therefore central excise registration can be obtained without an Indian director. Other statutory regimes-including company law, tax statutes, VAT, factory licensing and estate/property approvals-may separately impose requirements or approvals that should be examined.