We offer the fastest and most hassle-free way to register your subsidiary in India. Get your business registered with us today.
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We offer the fastest and most hassle-free way to register your subsidiary in India. Get your business registered with us today.
According to Section 2 (87) of the Companies Act 2013, a subsidiary company is a company in which any other company (i.e. the holding company) has a controlling interest and can get subsidiary registration if
Company A holds rights to modify the structure of directorship of Company B; Company B holds similar rights in the company C, then company A is the parent company to both B and C.Parent/holding company A holds more than 50 % share capital in Company B; Company B holds more than 50% share capital in Company C, then Company A is Holding company to both B and C.Parent/holding company holds the power to appoint or remove the majority of the directors.Parent/holding company holds more than 50% of the share capital in its subsidiary company.
PanPanVoterAadharAadharLease AgreementPanPanVoterAadharAadharLease AgreementSwiftTax helps you fill the SPICe+ form to make a reservation for Name (for new companies) and to submit the necessary documents for incorporation of the company. By applying for DIN, PAN, TAN, GTIN, and Professional Tax documents (applicable according to state law).
We will help you draft and submit the documents required for the incorporation of the company regulating to rules and laws of government.
SwiftTax assists you with the authentication and payment processes and offers support till you get issued for the certification of incorporation.
Yes. As the Indian Company requires at least 2 investors and thusly can be a 100% subsidiary of the Parent Company.
The process of registering an Indian Subsidiary Company can be completed entirely online, without the need for anyone to be present at the company's office or for corporate matters. Instead, an individual can be sent to the customer's home or office for the purpose of signing documents.
The Indian auxiliaries of outside organizations can participate in any exercises subject to the arrangements and rules referenced under the FEMA and RBI.
An Indian Subsidiary Company cannot be a One Person Company because it requires at least one foreign director. In contrast, a One Person Company is a business entity that has only one investor and director, who must be an Indian resident according to the Companies Act. Therefore, it is not possible for an Indian Subsidiary Company to be classified as a One Person Company.
There must be a prerequisite of at least two investors and two executives, DIN for all heads, yet no base settled up capital. The Parent Company must hold half of all out value share capital.
The process of incorporating an Indian Subsidiary involves obtaining a Director Identification Number (DIN) and a Digital Signature Certificate (DSC), as well as obtaining approval for the company's name. Once these steps have been completed, the company's Memorandum of Association (MOA) must be drafted and filed within 60 days in order to complete the incorporation process for the Indian Subsidiary.
There is no minimum capital requirement for starting an Indian Subsidiary Company. However, fees must be paid to the government for providing the minimum share capital of INR 1 lakh at the time of incorporation.
According to the Foreign Direct Investment (FDI) guidelines for an Indian Subsidiary, the company must have at least one resident director, and a business visa and all documents executed in a foreign domain must be authenticated through certification. These guidelines are in place to ensure compliance with the FDI regulations in India.
In order to establish a subsidiary, the parent company must hold a meeting of its board of directors and pass a resolution to form the subsidiary. The resolution should be signed by the director of the company with their Director Identification Number (DIN). This process is necessary to ensure that the decision to create a subsidiary has been properly authorized by the parent company.
No, a subsidiary company is a separate legal entity from its parent company, even though the parent company may own a controlling stake (50% or more) of the subsidiary's stock for purposes of liability, taxation, and regulatory compliance. The subsidiary and parent companies are distinct entities with their own management, operations, and finances.
A registration certificate given by the enlistment center of the organization will be substantial for the duration of the life of the organization.
