Savetaxs Helps NRIs Complete Business Incorporation in India Without Visiting the Country

Published : Aug 30, 2025, 12:05 PM IST
Savetaxs Helps NRIs Complete Business Incorporation in India Without Visiting the Country

Synopsis

Savetaxs has quietly built a reputation for taking the pain out of business registration for NRIs.

India, August 19th, 2025: Rohit Sharma spent months trying to register his software company in India from his San Francisco apartment. Between confusing government websites and contradictory advice from different consultants, he was ready to give up. Then he found Savetaxs.

"I thought I'd have to fly to Delhi multiple times just to get the basic paperwork done," Sharma recalls. "Turns out I didn't even need to leave my desk."

Savetaxs has quietly built a reputation for taking the pain out of business registration for NRIs. The Jaipur company handles everything online, from selecting the right business structure to navigating the complex bureaucracy of India.

Most NRIs Get This First Step Wrong

Most NRIs assume they need a private limited company, but that's not always true. Shubham Jain, who co-founded Savetaxs, says the choice depends on what you're planning to do.

"A consultant starting a small practice doesn't need the same setup as someone planning to raise venture capital," Jain explains. "We see people waste money on complex structures they don't need."

The team walks clients through the options: private limited companies for those expecting investors, LLPs for professionals, and partnerships for family businesses. Sole proprietorships are suitable for simple ventures, although they're less popular among NRIs.

Once that's sorted, the real work begins. Digital signatures, director IDs, memorandums of association – it's enough to make anyone's head spin. Then there's GST registration, PAN applications, and FEMA compliance for foreign ownership.

"The rules change frequently," admits Ankit Mangal, the other co-founder. "What worked last year might not work now. That's why we have CAs and legal experts who track these changes full-time."

Beyond Setup: Keeping Your Business Running Smoothly

After incorporation, most firms disappear. Savetaxs sticks around for the ongoing compliance work – ROC filings, tax returns, annual reports. It's not glamorous, but skipping it can land businesses in serious trouble.

The company is betting big on this approach. They're targeting NRI hubs across the US, UK, UAE, and other countries, aiming to handle over 5,000 cases. Their digital platform runs 24/7, which helps when clients are scattered across time zones.

For NRIs who've been putting off their India business plans because of regulatory confusion, the streamlined process removes a major obstacle. Though, as Mangal notes, "We can handle the paperwork, but you still need a good business idea."

About Savetaxs: Founded in 2020, Savetaxs is a Jaipur-based tax and financial services company serving NRIs, OCIs, and foreign nationals with Indian income. The firm has processed over 2.5 lakh applications across 30+ countries, specializing in tax filing, DTAA benefits, repatriation services, and NRI banking solutions.

 

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