Form Indian Subsidiary

Form Indian Subsidiary

    About Service
Subsidiary company establishment or the wholly-owned subsidiary is a means for extending organizations to foreign countries of choice. A Subsidiary Company is also known as a sister company and the company which practices control over it is known as the Parent Company, or Holding Company. There must be minimum of two shareholders, minimum capital of Rs. 2 Lac, DIN and DSC for all Directors for registering an Indian Subsidiary. Also, the Parent Company must hold 50% of total equity capital in the Subsidiary.
 Timeline: 15-20 Working days
 Package Inclusions
  • DSC
  • DIN
  • Company Name Approval
  • MOA
  • AOA
  • Format for NOC
  • PAN Application
  • TAN Application
  • Filing of Forms
  • Certificate of Incorporation
 Documents Required
  • DSC
  • DIN
  • MOA
  • AOA
  • Indian National:
  • PAN Card
  • ID Proof (Voter ID, Passport, Aadhaar Card or DL)
  • Address Proof (Bank Statement/Passbook, Electricity Bill, Telephone Bill or Mobile Bill ( None should be older than two months)
  • Passport size photograph
  • Foreign National:
  • Passport
  • Address Proof (electricity bill, telephone bill, bank statement or passbook or rent agreement and latest electricity bill in case of rented accommodation. Document must be certified by the Indian Consulate)
  • ID Proof (Any government license or document containing name in full, photo and date of birth. Document must be certified by Indian Consulate)
  • Registered Office Proof:
  • If premises are on rent: Rent Agreement + Utility bill (Electricity bill, Gas bill, Telephone Bill, Water Bill) + Signed NOC
  • If Premises are owned: Ownership Proof + Utility Bill (Electricity bill, Gas bill, Telephone Bill, Water Bill) + Signed NOC
 Process Details
  • Obtaining DSC & DIN
  • Name Approval
  • Creating and filing of documents with RoC
  • Obtaining Certificate of Incorporation.
 Key Advantages
  • Limited Liability- Shareholders are legally responsible for the debts of the company only to the extent of the nominal value of their shares
  • Perpetual Succession- Company continues to exist even after the death of its members
  • Foreign Investment- 100% Foreign Direct Investment (FDI) is allowed in many of the sectors through Company type business entity without any prior Government approval
  • Separate Legal Entity- Company is treated as a legal entity and a jurist person under the Companies Act
  1. What is a subsidiary company?
    Subsidiary company establishment or the wholly-owned subsidiary is a means for extending organizations to foreign countries of choice. A Foreign National (other than a citizen of Pakistan or Bangladesh) or an entity incorporated outside India (other than entity incorporated in Pakistan or Bangladesh) can invest and own a Company in India by acquiring shares of the company, subject to the FDI Policy of India. In addition, a minimum of one Indian Director who is also an Indian Resident is required for incorporation of an Indian Company along with an address in India.
  2. What are the two ways of investment?
    Investment and acquisition of equity shares of a Company can be broadly divided into two categories: investment under automatic route and investment under Government approval route.
  3. What is automatic route?
    Automatic route allows investment upto 100% in most activities/sectors in India. It does not require any prior regulatory approval for investment in equity shares of an Indian business. It requires only the post facto filing/intimation to the Reserve Bank of India within 30 days of receipt of investment money in India and filing of prescribed documents and particulars of allotment of shares within 30 days of allotment of shares to foreign investors.
  4. What all documents are accepted as ID proofs?
    Aadhar cards, Voter ID, Driving License or Passport
  5. What all documents can be considered for Permanent address proof?
    Bank Passbook front page, latest utility bill or Passport.
  6. What is meant by main object of the company?
    Main object of the company describes the purpose of the company in details for which the company is being incorporated. It include services provided, goods sold or future services of the company etc.
  7. What is meant by significance of choosing the name of the company?
    The reason and importance behind choosing the name for the company.
  8. What is shareholding proportion?
    The percentage of shares allotted to each director of the company.
  9. What is subscriber sheet?
    A document containing the details of all the shareholders of the company.
  10. What is DSC?
    Digital Signature Certificates (DSC) are the digital equivalent (that is electronic format) of physical or paper certificates. Like physical documents are signed manually, electronic documents, for example e-forms are required to be signed digitally using a Digital Signature Certificate.
  11. What is DIN?
    Director Identification Number (DIN) is a unique identification number given to an existing or a potential Director of a company.
  12. What is MoA?
    A Memorandum of Association (MOA) is a legal document prepared in the formation and registration process of a company to define its relationship with shareholders.
  13. What is AoA?
    The Articles of Association is a document that contains the purpose of the company as well as the duties and responsibilities of its members defined and recorded clearly. It is an important document which needs to be filed with the Registrar of Companies.
  14. What is TAN?
    Tax Deduction and Collection Account Number (TAN) is a 10 digit alphanumeric number issued to persons who are required to deduct or collect tax on payments made by them under the Indian Income Tax Act, 1961.
  15. What if I already have a DIN. Do I need to get a new one?
    No, DIN is issued only once by the Central Government.
  16. Does a person have to be physically present during incorporation?
    No, the entire process is completely online. All the documents can be scanned and sent through mail.

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