A Foreign Nation, person and Non-Resident Indian can be appoint as the director on the board of the Indian Company, It May be Public, Private, Listed or Unlisted Company.
The Director should be above 18 years of age and must be a natural person. There are no restrictions in terms of citizenship or residency.
A Foreign Director can be appointed as whole time director (executive director) and Non-whole time director (non-executive director).
Step By Step
1. Person is required to take digital signature certificate and also obtain Director Identification No by filling of form DIR-3.
Attachment of Form DIR-3,
1. Resident Proof
2. Identity Proof
2. Now, File Form DIR-12 within 30 days from the date of passing of Special Resolution in Extra-Ordinary General Meeting.
Attachment of DIR-12
2. Notice of EGM
3. Special Resolution
4. Minutes of the Meeting
5. Identity Proof
6. Address Proof
7. Declaration By Appointee director in form DIR-8
8. Interest in other entity
Section 149(3) of Companies Act 2013 provides that 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.
Even a Non- Resident can act as Resident Director of the Company provided he has stayed in India for more than 182 days in the previous calendar year.