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Unlock your global expansion with ease through Indian subsidiary company registration with FilingsFirst experts.
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The Indian subsidiary company can acquire Indian properties, transfer shares and is regulated by the Indian commercial legislation.
In India, the legal framework for subsidiary governance is covered under the Companies Act and Clause 49 of the listing agreement.
To establish an Indian subsidiary, prerequisites include minimum share capital, name approval, directors, registered office, incorporation documents, and compliance with statutory requirements.
Private companies have an access to the Indian business sphere wherein liberal norms are exercised on them. These agencies might resort to online methods of post-registration or window processing to initiate the steps.
Having an Indian subsidiary structure helps promoters supervise the operational activities. These allow one Indian resident director and foreign bodies enjoy the privileges by exercising indirect control and managing the supervision.
Entrepreneurs can secure their liability with the structure as it enhances the brand image by helping businesses acquire a strong brand market position.
It provides firms with a legal existence and equal rights to the stakeholders and directors.
Experts at Filings First will review your documents and information. Experts will help you in applying for the digital signature certificate and start the step-by-step process of Incorporation
Before submitting an application for company name reservation, Filings First shall first check the name's availability on the MCA and IP India portals and make the name application accordingly. We shall draft the MoA, AoA and other related documents in the meanwhile, while we are waiting for the name approval from the Ministry.
Upon receipt of name application, we shall file the incorporation application for approval. We shall also submit applications for PAN, TAN, and DIN allocation.
Once the MCA approves our application, we shall obtain the Certificate of Incorporation
Fill in the questionnaire, provide necessary details and facilitate online transactions to initiate the process.
The Director must be a natural person who is at least 18 years old. Regarding citizenship or residency, there are no restrictions. As a result, Directors of an Indian Private Limited Company can even be foreign nationals.
A company that has been incorporated will continue to operate and exist so long as the annual compliances are timely met. If annual compliance requirements are not met, the company will become dormant and may eventually be removed from the register. A company that has been struck off may be reinstated for up to 20 years.
The Indian auxiliaries of outside organizations can participate in any exercises subject to the arrangements and rules referenced under the FEMA and RBI.
According to the Companies Act, the investor and CEO of a One Person Company are both a single person, however only one remote executive is needed for an Indian Subsidiary Company. As a result, an Indian subsidiary company cannot be a one-person company.
Yes, the Indian Company can be a 100% subsidiary of the Parent Company since it needs at least two investors.
No, a parent organisation restricts 50% of a subsidiary organization's equity for administrative, financial, and obligational reasons. In any scenario, the parent and subsidiary organisations continue to exist as separate legal entities.
Yes, at least one director must be both an Indian citizen and a resident in order for a company to be registered in India. This requirement must always be met for the duration of the company's existence.
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