Subsidiary Company Formation

Establishment of subsidiary companies or the wholly-owned subsidiaries, is unquestionably a very elegant and preferred means for extending one's businesses to foreign countries of choice. Thus, the majority of multinational corporations opt for establishing their subsidiary companies in the targeted countries, for the ultimate objective of capturing market in the destination countries. In ours this webpage, we are providing rich, exclusive, and very profitable information regarding the subsidiary company formation, especially in India.
Our well-established, amply experienced, and globally prominent law firm of India is now greatly commended for its broad gamut of legal services, particularly in the company and corporate laws and the intellectual property laws. A Subsidiary Company is also ordinarily called simply as a Subsidiary, or a Sister Company; and the company which exercises control over it, is known as the Parent Company, or Holding Company. A visionary subsidiary company is owned and controlled by the parent company partially or wholly. For establishing a subsidiary, the parent company must own not less than 50% of the total equity capital of the subsidiary. When the holding company makes 100% investment in the subsidiary, then, it is prominently known as the wholly-owned subsidiary of that parent company. Here, it is essential to state that, the subsidiary company of a foreign parent company, has its distinct legal entity (apart from that of the parent company); and the subsidiary company is bound to function under the rules and regulations of the country where it is located.

Subsidiary Company Formation Procedure India

India is now a universally popular destination for subsidiary company formation, for conducting business in any desired economic field. An elegant subsidiary company can be private limited company, a public limited company, or a limited liability company, or any other form of a company. But, because the Indian Companies Act of 1956 is very generous to the subsidiary companies in the form of the private limited companies, the most popular and preferable category of subsidiaries in India are the wholly-owned private limited subsidiaries. All process and services for subsidiary company establishment in India are exclusively and separately mentioned in the following paragraphs.
For establishing wholly-owned subsidiaries in the permitted sectors, there is no compulsion to obtain the approval of the FIPB or the RBI. Hence, all procedures for the inception of a wholly-owned subsidiary by a foreign parent company anywhere in India are almost similar to that of the incorporation of a private limited company.

Therefore, the procedure of establishment of a wholly-owned subsidiary in India encompasses the steps as follows:
1.    Checking the availability of the proposed names of the subsidiary company, through the Form-1A
2.    Securing reservation to the desired company name, using Form-1
3.    Making of DINs and DSCs, with help of MCA, Govt. of India
4.    Drafting and filing the MOA and AOA of the subsidiary company, along with registration fees and stamp duties
5.    Filing Form-18 and Form-32 with the associated ROC

Interested investors and foreign companies may contact us for subsidiary company formation in India, through Email at info@caindelhiindia.com or telephone 011-2334333.
For more information about company information then visit http://caindelhiindia.com