Foreign Subsidiary Company Setup In India Package

Why this packages from Wazzeer?

Foreign Subsidiary Company Setup Package is a Expertly Crafted Package which includes set of services offered by Wazzeer guiding you through the whole process of Incorporating subsidiary of foreign company in India.

Our package helps businesses in setting up a subsidiary company in India by providing a range of services that are designed to ensure a smooth and successful setup process.

You’ll get benefits of following services when buying our package:

    • Advisory: Often our clients aren’t sure of which business structure to go ahead with so after knowing about their business, in an introductory call we advise them what business structure as well the city in India would suit them best when setting up a subsidiary company.

    • Company Registration: Then we’ll assist with the registration process for your Indian subsidiary company setup, including obtaining necessary licenses and registrations, drafting of documents, and liaising with local authorities.

    • Legal Compliance: Wazzeer will ensure that your Indian subsidiary company is compliant with all legal and regulatory requirements in India, including tax laws, labor laws, and other regulations.

    • Accounting and Tax registration: We will provide accounting and tax services for setting up your subsidiary company, including bookkeeping, financial reporting, and tax filings.

    • HR Services: We have inhouse HR professionals who can help you  on carrying out HR Services and thus we will assist with setting up your subsidiary’s HR policies and procedures, including recruitment, employee contracts, and payroll management.

    • Registered Office: If required Wazzeer will provide a registered office address for your subsidiary company in India, as it is a requirement by a laws and regulations.

    • Local director: when setting up a subsidiary of foreign company in India, you’re required to have atleast two directors among which one should be an Indian resident, if you do not have resident Indian director we can help you with the same.

Moreover we also help with monthly accounting compliances which would ensure a smooth business experience for you.

What this package includes?

    • Consultation: we’ll provide you consultation on the complete process of  setting up a subsidiary company in India as well as all the legal formalities required around it.

    • Incorporation: it refers to the process of Incorporating a legal entity in India, this will be the first step for setting up a subsidiary company in India.

    • FCGPR and Valuation certificate by a CA: FCGPR stands for Foreign Collaboration General Permission Route which is necessary to file whenever a company receives FDI. Valuation certificate by a CA refers to documents providing valuation of the shares owned by the foreign investors, this is required for the FCGPR process.

    • Mandatory Registrations: This package also includes post incorporation compliances, acquiring required registrations and licenses, which varies depending on the nature and scale of the business, However, here are few that are common with most of the companies.
      • GST Registration – it stands for Goods and Service Tax registration, It is a mandatory registration if a company is involved into import or export of goods and services.
      • Commencement of business – after setting up company business is stated after receiving commencement of business certifiacte.
      • Professional Tax Registration – This registration is required if a company has more than 1 employee. To know more read – Professional Tax Registration
      • Shops and establishment – if you’ve physical workplace then it’s necessary to acquire Shops and establishment registration.

This Package is ideal for:

Our Foreign Subsidiary Company Setup Package is typically suitable for individuals or companies that are looking to expand their business operations in India. This may include:

    • Entrepreneurs and startups: Entrepreneurs and startups that are looking to incorporate foreign subsidiary in India will benefit from our package as it can help them navigate the legal and regulatory requirements of our country and set up a legal entity that is compliant with local laws.

    • Small and medium-sized enterprises: SMEs that are looking to form foreign subsidiary company in India, this package can help them establish a local presence in India and take advantage of new business opportunities.

    • Multinational corporations: Our package can also help MNCs that desire to have subsidiary company in India.This package would not only guide in incorporating a subsidiary company but also expand their business operations as well as ensure compliance with local laws and regulations.

    • Investors: If a foreign investor is willing to invest in India by setting up a subsidiary company, then our package will help them step by step for establishing a subsidiary as well as take care of all the compliances.

 

Basic requirements of the package

    • At least 2 shareholders – maximum of 200
    • At least 2 Directors – Maximum of 15
    • At least 1 director should be resident of India
    • Directors and shareholders can be the same person.

Documents required

For each director and shareholder:

  • PAN card* (Mandatory for Indians & others if held)
  • Passport* (for NRI, Foreigners, and Indians if held)
  • Address proof ( any 1 of ) ( Not more than 2 months old)
    • Bank Statement

    • Phone Bill

    • Mobile Bill

    • Electricity Bill

(Note – For NRI & Foreigners Documents signed outside India must be notarised & apostilled)

For registered address:

  • NOC from Owner*
  • Rent Agreement
  • Utility Bill*

Process flow/ step by step procedure

  • Share your requirements
  • Connect over a meeting & Discussion
  • Sign an Contract with Wazzeer
  • Share the required documents
  • Start the incorporation process
  • Open Bank Account
  • Share allocations
  • Commencement of business
  • Filing for FCGPR (if there are foreign investors)
  • GST registration
  • Getting other required registrations and Licenses
  • Share deliverables

Deliverables

  • Name approval letter
  • Certificate of Incorporation
  • MoA and AoA
  • PAN and TAN Number
  • DSC of Director/Shareholder

Why choose Wazzeer?

  • One platform for all your requirements

    Incorporation is just the first step. Wazzeer supports you throughout your journey as an entrepreneur. Log in to get things done efficiently. A dedicated Account Manager offers the required human touch and acts as an advisor to you.

  • Experienced professionals

    Our professionals have at least 5 years of experience and have incorporated thousands of companies among them. The rich experience ensures that the process is smooth and right in the first go.

  • Defined process

    Over the last few years, doing over 500 incorporations, we have defined every step of the process. A virtual process is in place enabling us to deliver hassle free experience for you.

  • Cost Effective

    You pay what you see in the proposal. No surprises or hidden charges.

Frequently Asked Questions

After receiving the final draft you can take the print out of the draft on a normal paper or any bond paper depends on the type of agreement. And proceed for the signing of the document.