Register your Indian Subsidiary Company starting at Just ₹ 35,000/-
Introduction of Set-up of Indian Subsidiary
There are many foreign companies who wish to start their operations in India and grab the fastest growing market. The Companies Act 2013, provides a channel where the foreign companies can open companies in India, subject to FDI Policy by investing in the equity. These companies are called Indian Subsidiary Company.
An Indian subsidiary Company is the Company which can be incorporated under Companies Act, 2013 which is controlled (more than 50%) or managed by another Company i.e. its Parent Company incorporated outside the Country.
The Paid Up Share Capital of such Company can be either fully owned or owned in part by the Parent Company. The Company whose Paid Up share Capital is fully owned (100%) by the Parent Company is known as Wholly Owned Subsidiary and a Company whose Paid Up share Capital is partly owned is referred to as Subsidiary Company .
FDI in private limited companies is allowed subject to FDI Policy of India. The categorization has been done under two categories automatic route and approval route. Before incorporating the company first of all we need to check the sector in which investment has to be made and follow the compliances as applicable under FDI.
Sprinthub Solutions has team of experts providing you the best assistance, timely delivery and guaranteeing the highest customer satisfaction with respect to Company formation process. You may get in touch with our team on 096436-69475 or email info@sprinthub.in for Setting up of an Indian Subsidiary/ Foreign Company and Compliance services.
Advantages of Set-up of Indian Subsidiary
Limited Liability
Separate Legal Entity
Easy availability of funds
No minimum Capital Required
Increase in security
Increase in FDI
Minimum Requirement
Minimum two Directors and maximum fifteen
Digital Signatures of Subscriber and Directors
Minimum two shareholders
Parent Company must have a shareholding of more than 50%.
At least One Director shall be Indian resident
Director Identification Number if available.
Documents Required for Incorporation
PAN Card
Address Proof
Board Resolution
Business Address Proof
Parent Company and KYC
Note:-In case of NRI or Foreign National documents of Directors and Subscribers must be notarized or apostilled and the documents must have been translated in English language other than the respective language of the said Country.
Documents Required for Filing FCGPR
Note:-In case of NRI or Foreign National documents of Directors and Subscribers must be notarized or apostilled and the documents must have been translated in English language other than the respective language of the said Country.
Process of Incorporation of Indian Subsidiary
Complete the Application Form
Application for DSC
E-filing for incorporation of a Company
Filing of FCGPR
Document Processing
Name Availability
Get Certificate of Incorporation
More Insight on Incorporation of Indian Subsidiary
How to Select the Name of Company
You can check Company name availability thereby logging into MCA where you need to keep in mind two or three available options along with the activity type. Our team will assist you in the selection of name of company.
Also, along with checking the name availability we also need to check the trademark if already registered under the proposed name which makes the online application for registration more powerful. If you want to have a trademark of your word or logo you can get the same through Sprinthub Solutions by clicking on the below mentioned link Trademark Registration.
Other Key Points
- If the proposed Director is already having the DIN then you can also check whether DIR-3 KYC is completed. You can verify the same with the help of our experts. If the same is not done yet, it can be done with help of Sprinthub Solutions.
- The private limited company is required to manage all the compliances after incorporation of the company like appointment of statutory auditor, filing commencement of business, Income Tax Filing, Annual Returns with ROC and other compliances as required by the law. Sprinthub Solutions has a team of experts who keeps an eye on the due dates of your compliances and reminds you through mails.
Convert your Proprietorship to Pvt. Ltd. Company ₹15,000/-
2 Digital Signature Certificates
Stamp duty on INR 1 Lakh Authorized Capital (Rajasthan)
Company Incorporation using SPICE
MOA & AOA
GST Registration
1 Name Approval Application
2 Director Identification Numbers
INC 20A Commencement of Business Certificate
Bank Account Open
ESI and PF Registration
PAN/TAN
Bank Account Open
RBI Compliances –Filing of FCGPR
FAQs on Foreign Company
Yes, it can be formed under Companies Act, 2013 in which the Parent Company can form a 100% WOS (Wholly Owned Subsidiary)and can hold shares in the name of Authorized Representative along with a nominee.
Yes, You can register a Company at a commercial or residential place by providing the documents as specified. There is no restriction by the department.
As per Companies Act, 2013 it is compulsory to have an individual or firm as an Auditor of a Company. The first Auditor shall be appointed within 30 days from the date of Incorporation by the Board of Directors .
In order to file the respective form , the client is required to provide FIRC from AD and KYC from the bank in order to proceed further.
Documents are required to be apositlle in case the foreign nation is not present in India. In case he is present in India on business visa then it is not required.
The companies must file the return before July 15 of the next financial year. In case of unaudited accounts the return should be revised by the end of September by filing the audited accounts.
A Company is required to file within 30 days of its allotment Form FCGPR along with the requisite documents with the RBI on FIRMS portal www.rbi.org.in
It is the documentary proof evidencing that the Company has been registered and having its unique identification number as Corporate Identification Number.
The company is required to open a bank account and deposit the subscription money as agreed between the shareholders and file the form for commencement of business.
The company is required to open a bank account and deposit the subscription money as agreed between the shareholders and file the form for commencement of business.