Foreign Subsidiary Company registration
As a foreign company, expanding your business to India can be a smart move. With its large and growing economy, India offers a wealth of opportunities for businesses of all sizes.
Easy & Hassle Free Online Process
Dedicated Expert & Account Manager
Advisory Session From Experts
Incorporation / Registration Cost
Package Includes:
- 2 DSC (Digital Signature Certificates)
- 2DIN (Director identification number)
- MOA/AOA (Memorandum of Association/Articles of association)
- COI (Certificate of Incorporation)
- PAN (Permanent Account Number)
- TAN (Collection Account Number)
Why Choose Foreign Subsidiary Company registration?
Advantages
A subsidiary is a business that has more than 50% of its voting stock held by another business, often known as the parent company or holding company. When a foreign subsidiary is owned by its parent firm, it is obligated to abide by the laws of the nation in which it was established and is now doing business. For this reason, a foreign firm that incorporates in India must abide by Indian regulations.
Disadvantages
Foreign Direct Investment (FDI) is prohibited in proprietorships, partnership firms, and one-person businesses, according FEMA norms. While investing in limited liability companies (LLPs) is permitted, prior RBI clearance is required.
Documents Required For Foreign Subsidiary Company registration
For Indian Resident Director
For Indian Company
For Foreign Directors/Shareholders and Authorized Representative of Foreign Company
Process Involved
A growing number of people decide to register private limited firms for a variety of reasons. A private limited business has the following benefits: A Private Limited Company is a recognized legal body. The owner's finances are not connected to the company's finances. Limited business owners are shielded from personal liability.Step-1
The first step towards Company Registration is reserving the Company name. In case of a foreign subsidiary, it is permissible to use the same name as that of the parent company with the addition of the word “India” to it.
Step-2
In parallel, the Digital Signature Certificate (DSC) will be procured for the proposed directors of the Company. This DSC is required to file the Incorporation application digitally and will also be used for future compliance reporting.
Step-3
This is the final step in the Company Registration process. It requires filing of the Memorandum and Articles of Association of the Company along with various other documents duly executed by the proposed directors and shareholders.
Step-4
Document Approval
Step-5
Document Information
Step-6
Verification Completed
