Did you know? Korean companies in India:
one in six set up their entity with Adullam
From name approval to capital remittance, RBI reporting and commencement of business: 116 companies have walked this road with us. Our Bengaluru, Chennai and Delhi team walks it with you, start to finish.
Many companies are setting up in India with Adullam
CESCO, Cafe24, Samsung KR Machinery, Serveone, Heerim and Junglim Architecture, Hyundai Advanced Materials and others set up their Indian entities with Adullam. Below are the clients who agreed to be named; counting those who asked not to be, the real number is far higher.
Korean companies first, then Indian and other companies, each A–Z.
- (Co., Ltd.) AOT Korea
- (Co., Ltd.) Cafe24
- (Co., Ltd.) CESCO
- (Co., Ltd.) D&O
- (Co., Ltd.) Delco
- (Co., Ltd.) ECI
- (Co., Ltd.) Ecoroa
- (Co., Ltd.) Globalizing
- (Co., Ltd.) GSI
- (Co., Ltd.) Haengsungsa
- (Co., Ltd.) Heerim Architects & Planners
- (Co., Ltd.) Hoyoung Auto Parts
- (Co., Ltd.) Hyundai Advanced Materials
- (Co., Ltd.) Hyvision System
- (Co., Ltd.) Ilshin Technology
- Innovatory
- (Co., Ltd.) Insitec
- (Co., Ltd.) Jinsung I&D
- (Co., Ltd.) Jinyang Automotive
- (Co., Ltd.) JK Cell
- (Co., Ltd.) Junglim Architecture
- (Co., Ltd.) KTM Corporation
- (Co., Ltd.) Kumkang Machinery
- (Co., Ltd.) Kyungjin Architects
- (Co., Ltd.) Kyungsung Precision
- (Co., Ltd.) Maxway
- (Co., Ltd.) MSC
- (Co., Ltd.) Namho Engineering
- (Co., Ltd.) One Motors Korea
- (Co., Ltd.) Ordinarik Partners
- (Co., Ltd.) PP&YY
- (Co., Ltd.) Qualmax
- S Korea
- (Co., Ltd.) S&T Motiv
- (Co., Ltd.) Samsung KR Machinery
- (Co., Ltd.) Serveone
- (Co., Ltd.) Sunil ETC
- (Co., Ltd.) Taesung Hitech
- (Co., Ltd.) Unick
- (Co., Ltd.) Whosgoose
- (Co., Ltd.) Woorim E&S
- (Co., Ltd.) World Shop
- 6 Clover Pvt Ltd
- AHN E&C
- Convision Pvt Ltd
- Design Module Pvt Ltd
- Diaunni Cosmetic India
- Glow Life Pvt Ltd
- K&I Consensio Pvt Ltd
- K-Drim Culture
- K-Well India Pvt Ltd
- Kupcake Retail Pvt Ltd
- Lin Chang Press Automation
- Lumina Life Pvt Ltd
- Lyn Space Global
- Nuvita Global Pvt Ltd
- Pulapia Pvt Ltd
- Rarien Cosmetic Pvt Ltd
- Rodem Namu Pvt Ltd
- Round One Marketing
- Seoa India Pvt Ltd
- SW International
- SY Semiconductor
- Unbound Learning Pvt Ltd
- Wuxi Bam Precision
- and many more
ORVANO — compliance tool for Indian companiesAI finds the filings and licences your company needs and reminds you before every deadline.
Visit ORVANOWhich structure fits?
It depends on what you plan to do. Tap a card to open that entity type.
To run a business in India
The usual choice for manufacturing, sales and services, often 100% owned by the Korean parent.
Open →JVWith an Indian partner
A shared-equity company. Check the shareholders' agreement and sector FDI caps first.
Open →LOTo test the market first
A liaison office cannot earn income; it represents the parent and is funded from abroad.
Open →POFor a won project
A project office runs only for a contract awarded by an Indian company, then closes.
Open →Find by entity type
For each type: what it can and can't do, RBI/MCA steps, cost and time, documents and recent cases.
Private Limited
MCA SPICe+ online incorporation · post-facto RBI reporting
Open →Joint Venture
MCA incorporation + government approval in some sectors · shareholders' agreement
Open →LLP
MCA FiLLiP incorporation · foreign contribution reported as LLP(I) on FIRMS
Open →Branch Office
RBI approval via AD bank (Form FNC) → ROC registration (FC-1)
Open →Liaison Office
RBI approval via AD bank (Form FNC) → FC-1 · valid 3 years
Open →Project Office
General RBI permission if conditions met (AD bank) · FC-1
Open →After Setup
MCA, RBI, income tax and GST filings
Open →How it works
One team handles all 12 steps from consultation to commencement.
Consultation
AdullamBusiness model, target state and plan; we set the scope.
Key decisions
ClientName, directors (one resident director), shareholders, authorised and paid-up capital, registered office, objects.
Name approval
MCANames clashing with companies or trademarks are rejected; a 60%+ subsidiary using the parent's name needs a board resolution.
Director DSC & DIN
eMudhra · MCADigital signatures for directors; new DINs are issued with incorporation.
Documents, part 1
NotaryPassports, address proof, parent's registration, director and shareholder registers.
Documents, part 2 & MOA/AOA
Notary · MOFAAffidavits, declarations (INC-8, INC-9), MOA and AOA; foreign documents need notarised translation and apostille.
Certificate of incorporation
MCACertificate with PAN, TAN, ESIC and PF codes.
GSTIN & IEC
GST · DGFTGST registration and import-export code; GST filings need care.
Office proof & auditor
MCAWithin 30 days: registered office proof (with site photo) and first auditor.
Bank account
BankIndian or Korean bank branch in India; many need a visit, remote opening takes 2–4 weeks.
Capital & FC-GPR
Bank · RBIShareholders remit paid-up capital; shares must be allotted within 60 days of receipt and FC-GPR filed within 30 days of allotment.
Share certificates & INC-20A
MCAIssue share certificates and pay stamp duty; file commencement of business (INC-20A) within 180 days.
Steps follow Adullam's published process; timelines are from experience. Many guides put name approval to certificate at about 10–15 working days when documents are in order. Source: adullamcorp.com · checked
Service details
Entity types
- Private limited company — the most common for foreign investors
- Wholly owned subsidiary — 100% parent-owned
- Joint venture — shared equity with an Indian partner
- LLP — limited liability partnership, suits small services
- Branch office — can trade, RBI approval needed
- Liaison office — no income-earning activity
- Project office — for an awarded contract only
Key documents (directors & shareholders)
- Passport copies (directors, individual shareholders, corporate representative)
- Passport address page
- Address proof (phone or electricity bill, or bank statement)
- Corporate shareholder: registration, director list, 10%+ shareholder list
- All foreign documents: notarised translation and apostille
Registrations after setup
- PAN — tax number
- TAN — for TDS
- GSTIN — GST registration
- ESIC — employee health insurance (10+ staff)
- PF — provident fund (20+ staff)
- IEC — import-export code
- INC-20A — commencement of business
Good to know
- Authorised capital can rise later, but paid-up capital must arrive exactly as declared per shareholder.
- No office yet? Use a virtual office and move later.
- Agree the SWIFT message format with your bank in advance to ease FC-GPR.
- Non-shareholder directors are not part of FC-GPR.
- Find offices and factory land with Adullam Property.
Key deadlines
- Within 30 days: registered office proof (INC-22 if not given at incorporation) and first auditor
- Within 60 days: share certificates and stamp duty
- Within 180 days: paid-up capital received and INC-20A filed
- Allot shares within 60 days of receiving funds and file FC-GPR within 30 days of allotment (late fees apply)
Tell us your business, region and timing
We reply with the right structure, steps and expected cost. The first consultation is free.
AI answers are based on information researched by Adullam. For important legal, tax, HR and other decisions, please always confirm with a specialist.
Questions and answers are kept for 90 days and are sent to an AI provider outside Korea (Anthropic, USA) to generate answers. Please do not enter personal details such as names or phone numbers. Privacy Policy