Indian Subsidiary
An Indian Subsidiary Company is a separate legal entity that is registered as a subsidiary of a foreign company in India. It operates as an independent company and has its own management, employees, and assets.
Eligibility
To register an Indian Subsidiary Company, you will need to have
minimum of two directors and a registered office in India.
Digital Signature Certificate (DSC) and Director Identification Number (DIN) for each director.
Document Required
Identity proof of the proposed directors
Address proof of the proposed directors and shareholders
Memorandum and Articles of Association
Proof of registered office
PAN card
Benefits
Access to the Indian market
Lower production costs
Access to the local supply chain
Ability to participate in government tenders.
Challenges for Indian Subsidiary
Registering a Indian Subsidiary in India involves compliance with specific regulations. Here are ten common challenges faced by individuals during the registration process:
1.Understanding Regulatory Framework:
Navigating the complex regulatory framework governing foreign subsidiaries in India, including compliance with the Companies Act and other relevant regulations.
2.Legal Structure Selection:
Choosing the appropriate legal structure for the subsidiary, such as private limited company, branch office, or liaison office, based on business objectives and regulatory requirements.
3.Documentation and Compliance:
Preparing and submitting comprehensive documentation, complying with various legal and regulatory requirements, and ensuring accuracy in the application process.
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FAQ
An Indian Subsidiary Company is a separate legal entity that is registered as a subsidiary of a foreign company in India. It operates as an independent company and has its own management, employees, and assets.
There are several advantages of registering an Indian Subsidiary Company, including access to the Indian market, lower production costs, access to the local supply chain, and the ability to participate in government tenders.
To register an Indian Subsidiary Company, you will need to have a minimum of two directors and a registered office in India. You will also need to obtain a Digital Signature Certificate (DSC) and Director Identification Number (DIN) for each director
The registration process for an Indian Subsidiary Company typically takes 7 to 10 business days, subject to government processing times.
The process for registering an Indian Subsidiary Company involves obtaining a Digital Signature Certificate (DSC) and Director Identification Number (DIN) for each director, reserving a company name, and filing the incorporation documents with the Ministry of Corporate Affairs. The company must also obtain PAN and TAN and register for Goods and Services Tax (GST) if required.
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