Indian Subsidiary Company
A Indian subsidiary company or sister concern company is a company that is owned or controlled by another company, which is called the parent company or holding company. The subsidiary can be a company, corporation, or limited liability company. In some cases it is a government or state-owned enterprise. India is most preferred country by the world startup community. Foreign companies have shown interest to start operations in India and ready to enter into the world fastest growing economy and with access of the best human resource in the world. In India, 100% Foreign Direct Investment (FDI) is allowed in several business activities/industries without any prior approval. Foreign direct investment is not allowed in Proprietorship or Partnership; LLP requires prior Government approval. The minimum one director should be the Indian citizen and Indian resident. For investment in India in form equity shares monitored by the Reserve bank of India, there are two categories of investment. Automatic route means no prior regulatory approval required for investment in the Indian company.
India is now most preferred country by the world startup community. Foreign companies have shown interest to start operations in India and ready to enter into the world fastest growing economy and with access of the best human resource in the world. A foreign nation or entity (other than citizen/Entity of Pakistan and Bangladesh) can invest and start a business in India subject to FDI Policy.
The minimum one director should be the Indian citizen and Indian resident. For investment in India in form equity shares monitored by the Reserve bank of India, there are two categories of investment. Automatic route means no prior regulatory approval required for investment in the Indian company. Investment in activities/industries where an automatic route is not permissible can be made with the approval of Reserve Bank of India.
Our services for establish your proposed Indian Subsidiary Company
- a) Digital Signature Certificate (DSC)
- b) Director Identification Number (DIN)
- c) Name reservation of your proposed OPC company
- d) Dedicated CA/CPA/CS/Lawyers
- e) Trademark search for business and registration
- f) Drafting MOA & AOA & Filling
- g) MCA Government Fees &XBLR Filling
- h) Corporate Identification Number (CIN)
- i) PAN No. of company
- j) Business Idea corroboration.
- k) FDI Compliance Advisory
- l) Support on Listing on Marketplace website
- m) Assistance in Connecting Payment Gateway
- n) Assistance in Approval - 0% Corporate Tax
- o) Assistance in Visa proces
- p) GST Registration.
- q) VAT & CST Registration.
- r) ESIC & PF Registration
- s) SSI Registration.
- t) Provident Fund Registration.
- u) Import-Export Code Registration.
- v) Drafting Lease Deed and its registration.
- w) Drafting of Lease Deed and registration.
- x) Assistance to open your current account
- y) Assistance for Seed Capital / Angel Investor
- z) No Need to Visit India for Company formation.
- e) Passport-sized photograph of all directors and shareholder.
- f) Copy of Signature (signature should same as on PAN Card / Passport).
- g) Utility bills for proposed registered office (Residential or Commercial).
- h) Copy of Lease/Rent agreement.
- i) NOC from Owner/Landlord.
Merit of Indian Subsidiary Company
- a. Buying power & Brand valuation)
- b. Parent company can provide monetary.
- c. Parent company improve business product.
- d. Attract funding through FII & angel investor
- e. Ability to offset profit & loss.
- f. Borrowing capaci
- g. Allowing for joint ventures for others.
Demerit of Indian Subsidiary Company
- ● Limited freedom in management
- ● Decision-making can become time-consuming.
- ● Legal paperwork is lengthy and expensive.
- ● Controlling issue when, owned by another outside organization.
Documents required from all Directors for registering Indian Subsidiary Company
- a) Copy ofpassport of foreign directors (duly notarized by the Indian embassy).
- b) Copy of Incorporation certificate issued by the respective foreign government (LLC/ INC) (duly notarized by the Indian embassy).
- c) A Resolution from LLC/INC for opening a subsidiary company in India. (Duly notarized by the Indian embassy).
- d) Copy of Voter's ID/Passport/Driver's License & PAN of Indian director.
