Indian Subsidiary

Package Inclusion :

  • Company Formation Government fees
  • Legal Support for Investment Approvals / Compliance
  • Registered Office Service
  • MoA , AoA, Tax ID
  • GST Registration
  • FDI Compliance Advisory
  • Support on Listing on Marketplace website
  • Assistance in Connecting Payment Gateway
  • Assistance in Approval - 0% Corporate Tax
  • Dedicated CA/CPA/ Law Attorney

Indian Subsidiary

How Foreign Entities can Setup Business in India?

In India, business can be setup by following ways:

Type of business entity depends upon the need. India is considered as the 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’s fastest growing economy to access the best human resource in the world. A foreign nation (other than Entity of Pakistan and Bangladesh) can invest and start a business in India subject to FDI Policy. For investment in India, in the form of equity shares is monitored by the Reserve bank of India.

There are two categories of making investment in India either though automatic route or approval route. Automatic route means where no prior regulatory approval is 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.

Documents Required for Wholly Owned Indian Subsidiary Company Registration

From All Directors and Shareholders
  • A copy of Passport of foreign directors (duly notarized by the Indian embassy).
  • Scanned copy of incorporation certificate issued by the respective foreign government (LLC/ INC) (duly notarized by the Indian embassy).
  • A Resolution from LLC / INC for opening a subsidiary company in India. (Duly notarized by the Indian embassy).
  • Scanned copy of Voter's ID/Passport/Driver's License & PAN of Indian director.
  • Passport-sized photograph of all directors and shareholder.

 

For Proposed Registered Office (Residential or commercial)
  • Any Utility bills
  • Scan copy of Rent agreement with NOC from owner

Advantages of Wholly Owned Subsidiary Company Registration in India

Limited Liability

Liability of Members and Directors of the private limited company is limited to their shares. It means that if the company suffers from any loss and faces financial distress because of primary business activity, the personal assets of shareholders / Members / Directors will not be at risk of being seized by banks, creditors, and government.

Continuity of Existence

The life of a business is not affected by the status of shareholders and even after the death of the shareholder the private limited company continues to exist.

Brand Value

Company's brand value will get increased because employees feel secure in joining the private limited company, vendor feels secure in offering credit, investor feels secure in investing, the customer feels trust and confidence in brand in buying company product/services because of a sound corporate structure. This all makes big shape of the company and ensure an easy way for Startup Company to become a multinational company. Startup Company starts with zero revenue and rapidly reaches to multibillion dollar company in just a few years just because of high brand value of the company. Always take care of brand value.

The scope of expansion

Is higher because easy to raise capital from a venture capitalist, angel investor, financial institutions and the advantage of limited liability, The private limited offer more transparency in the company.

Foreign Direct Investment 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.

Here are the steps which will be followed after registration:

step 1

Subscription amount remittance in India within the period of 2 months of incorporation from the foreign country bank account to the bank account in India.

step 2

The next step is to obtain FIRC & KYC docs from the Bank.

step 3

Filing of Advance Reporting form along with KYC & FIRC with the RBI within the period of 30 days of receipt of funds.

step 4

After this, share allotment immediately after reporting and time to time follow up from bank.

step 5

Issuance of share certificates

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