Register Your Business Online
Registering a business in India is a very quick and online process. India is a land of infinite opportunities and skilled workforce as one would agree. Starting a business in India and Investing was never so easy, cheap and quick. One can start a wholly owned Indian subsidiary anywhere in India. There are no state-specific laws to register your business in India. There is only one central law that governs the Indian Subsidiary Set up across India. All you need a resident Indian director and a rented (virtual) place of office to get going. 100% ownership, strategic decision -making and control of operations rest with your parent company always.
Benefits of a Foreign Subsidiary Company
No prior approval of RBI is required for incorporation, if the subsidiary company is related to the sectors like automobiles, agriculture, electronic equipment, etc.
Subsidiary companies can avail of several tax benefits like incentives, and exemptions prescribed by the government of India depending upon the sector they operate.
Foreign subsidiary companies generate a lot of job opportunities thereby increasing the economic growth and national income of the country.
Minimum Requirement for Foreign Subsidiary Company:
Minimum two directors are required for incorporation of the Company. At least one should be a resident of India.
No minimum capital required to form an Indian Subsidiary Company in India.
Indian Subsidiary Company must have minimum of two shareholders. Shareholders can be either individual or any entity or a combination of both.
The Parent Company must hold 50% of total equity share capital
Director Identification Number for all Directors.
