As it tries hard to attract investments in the face of the global economic slowdown, India today said it was relaxing documentation for foreigners to start a business in the country. Foreign companies would no longer need to get their documents certified at the Indian embassy or high commission in their respective countries and new rules would shortly come into place.
“New arrangement for certification and apostillisation under the Hague Convention is in place and will be announced soon,” Corporate Affairs Ministry Joint Secretary Jitesh Khosla said today.
Apostillisation is the legalisation of a document for international use under the terms of the 1961 Hague Convention. Firms based in countries other than India till now have to get their documents and articles certified and apostillised by the Indian Embassy of their country.
