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Indian Subsidiary

Need to register Indian Subsidiary?

Indian Subsidiary Registration Starting at Just Rs.44,999/- (Inclusive of all Govt. Fees).

About Indian Subsidiary

Subsidiary company establishment or the wholly-owned subsidiaries, is certainly a very elegant and preferred means for extending one’s organizations to foreign countries of choice. Therefore, the majority of multinational corporations pick setting up there subsidiaries companies in the targeted countries, for the ultimate motivation of capturing business sector in the destinations countries.

Our well-established, amply experienced, and globally prominent law firm of India, is now highly recommended for its broad gamut of legal services, especially in the company and corporate law and the intellectual property laws. A Subsidiary Company is also commonly known simply as a Subsidiary, or a sister company; and the company which practices control over it, is known as the Parent Company, or Holding Company. A visionary subsidiary company is claimed and controlled by the parent company partially or completely. For setting up a subsidiary, the parent company must owned at least 50% of the total equity capital of the subsidiary. When the holding company makes 100% investment in the subsidiary, then, it is prominently known as the wholly-owned subsidiary of that parent company. Here, it is vital to mention that, the subsidiary company of a foreign parent company, has its different legal entity (separated of that of the parent company); and the subsidiary company is bound to function under the rules and regulations of the country where it is situated.

We are offering rich, exclusive, and extremely profitable information about the subsidiary company formation, especially in India.

ADVANTAGES OF Indian Subsidiary

A company is a legal entity and a juristic person established under the Act. Therefore a company form of organization has wide legal capacity and can own property and also incur debts. The members of a company have no liability to the creditors of a company for such debts.

A company has 'perpetual succession', that is continued or uninterrupted existence until it is legally dissolved. A company, being a separate legal person, is unaffected by the death or other departure of any member.

100% Foreign Direct Investment (FDI) is allowed in many of the sectors through Company type business entity without any prior Government approval. FDI is not allowed in Proprietorship or Partnership, LLP requires prior Government approval.

Shares of a company limited by shares are transferable by a shareholder to any other person. Filing and signing a share transfer form and handing over the buyer of the shares along with share certificate can easily transfer shares.

A company being a juristic person, can acquire, own, enjoy and alienate, property in its own name. No shareholder can make any claim upon the property of the company so long as the company is a going concern.

Limited Liability means the status of being legally responsible only to a limited amount for debts of a company. Unlike proprietorships and partnerships, in a limited liability company the liability of the members in respect of the company's debts is limited.

INDIAN SUBSIDIARY INCORPORATION PROCESS

Obtaining DSC & DIN

Digital Signature Certificate (DSC) and Director Identification Number (DIN) is required for the proposed Directors of the Private Limited Company. DIN and DSC can be obtained for the proposed Directors within 5 to 7 days.

Name Approval

A minimum of one and a maximum of six proposed names must be submitted to the MCA. Subject to availability, naming guidelines and MCA processing time, Name Approval can be obtained in 5 to 7 working days.

Company Registration

Incorporation documents can be submitted to the MCA along with an application for incorporation. MCA will usually approve the application for incorporation in 5 to 7 days, subject to their processing time.

Success is focusing the full power of all you are on what you have a burning desire to achieve.

Successfully Register in 3 Easy Steps

Answer a few simple questions

  • You need to spare only 15 minutes!
  • Provide us your business details
  • Upload required documents
  • Pick a package that is a best fit
  • Opt for a convenient payment option

Let us do all the filing
work

  • Name Approval and Reservation
  • Digital Signature and DIN
  • Registration PAN and TAN Number
  • MOA & AOA Drafting
  • INC 29 Filing

Your Company is incorporated

  • All it takes is 30 working days*
  • 100% satisfaction is guaranteed
  • Best in class customer care support
  • *Subject to Government processing time

Minimum requirements for Indian Subsidiary Company?

  • Minimum 2 Shareholders.
  • Minimum Capital Requirement Rs. 1,00,000 .
  • DIN for all Directors.

Procedure of Subsidiary Company formation

India is now globally famous destination for subsidiary company formation, for doing business in any desired economic field. A rich subsidiary company can be private limited company, a public limited company or a limited liability company, or any other form of company. But as the new Companies Act, 2013 is very generous to the subsidiary companies in the form of private limited companies, the most popular and preferred types of subsidiaries in India are the wholly-owned private limited subsidiaries. All procedures and services for subsidiary company formation in India, are exclusively and separately listed in the following paragraph. For setting up wholly-owned subsidiaries in the permitted sectors, there is no necessity to get the approval of the FIPB or the RBI. Therefore, all procedures for the inception of a wholly-owned subsidiaries by a foreign parent company anywhere in India, are almost the same as that of the incorporation of a private limited.

Basic
44,999
/-

(Inclusive of all Govt. Fees).

DSC
DIN
Name Approval
Fees And Stamp Duty
PAN
TAN
Articles Of Association (AOA)
Memorandom Of Association (MOA)
Certificate of Incorporation (COI)
Company kit
BASIC WEBSITE




Get Started

Standard
49,999
/-

(Inclusive of all Govt. Fees).

DSC
DIN
Name Approval
Fees And Stamp Duty
PAN
TAN
Articles Of Association (AOA)
Memorandom Of Association (MOA)
Certificate of Incorporation (COI)
Company kit
One Year TDS Filing
GST Registration
BASIC WEBSITE


Get Started

Premium
66,999
/-

(Inclusive of all Govt. Fees).

DSC
DIN
Name Approval
Fees And Stamp Duty
PAN
TAN
Articles Of Association (AOA)
Memorandom Of Association (MOA)
Certificate of Incorporation (COI)
Company kit
One Year TDS Filing
GST Registration
One Year ROC Compliance
Tredemark Registation
BASIC WEBSITE

Get Started

FAQ OF Indian Subsidiary

Can a Foreign company or foreign national own or start a business in India?

Yes, a foreign company or foreign national can own or start a business in India by acquiring equity shares of the company. Investment in a Company can be under two routes, automatic route or Government approval route. The automatic route requires no requirement of any prior regulatory approval for investment in equity shares of an Indian business and is allowed in most of the businesses.

What are the requirements for starting a business in India?

For a foreign national or foreign company to start a Company in India, the foreign National must have an address for Registered Office in India and one Director on the board, who will be a Indian Citizen and Indian Resident.

Can Foreign Nationals be a Director in a Private Limited Company?

Yes, a NRI or Foreign National can be a Director in a Private Limited Company after obtaining Director Identification Number. However, at least one Director on the Board of Directors must be a Resident India.

Can Foreigners hold shares of a Private Limited Company?

Yes, NRIs / Foreign Nationals / Foreign Companies can hold shares of a Private Limited Company subject to Foreign Direct Investment (FDI) Guidelines.

What are FDI Guidelines for Foreign Nationals in a Private Limited Company?

100% Foreign Direct Investment is allowed in India in many of the industries under the Automatic Route. Under the Automatic Route, only a post-investment filing is necessary with the RBI indicating the nature of investment made. There are a few industries that require prior approval from the RBI, in such cases, approval must first be obtained from RBI prior to investment.

Which business entity is suitable for Foreign Investment?

A private limited company or limited company type of business constitution is most suitable for foreign investment in India. Investment of foreign funds in other types of business entity like proprietorship, partnership and limited liability partnership require RBI prior approval. Foreign company or foreign nationals are not allowed to be Director or Nominee Director in a One Person Company.

What are the documents required for Foreign National during Registration?

If a foreign national is on the Board of Directors, then a copy passport along with copy of address proof that is apostilled by the Indian Embassy or a Notary will be required. In addition, the witness of the MOA and AOA documents would have to be a Notary or the Indian Embassy. If the shares of the Indian Company would be owned by a Foreign Company, then a Board of Resolution also needs to be passed by the foreign company for acquiring shares in the Indian company.

What are businesses in which foreign nationals or companies can't invest?

Foreign investment in any form is prohibited in businesses engaged or proposes to engage in the following business: I) Business of chit fund; or, ii) Nidhi Company; or, iii) Agricultural or plantation activities (excluding floriculture, horticulture, development of seeds, animal husbandry, pisciculture, cultivation of vegetables, mushrooms, etc., under controlled conditions, services related to agro & allied sector and tea plantations); or, iv) Real Estate business, or construction of farm houses (Does not include development of townships, construction of residential / commercial premises, roads or bridges); or, v) Trading in Transferable Development Rights (TDRs).

Are there any further regulatory requirements after incorporated Company?

Yes, after incorporation of the Company and flow of equity fund into the Company from foreign source, Reserve Bank of India must be notified about the foreign investment in the Company through proper filing. In case the activity performed by the business requires Government approval for Foreign Investment, approval must be obtained prior to the funds being invested in the company.

What comes as a part of the Legal Documents Library?

Basic legal documents like Employment Letter, Legal Notice, Non-Disclosure Agreement, Terms of Service and Privacy Policy etc. are a part of the Legal Documents Library.

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