Loading…

More about Subsidiary incorporation

Reasons for incorporating a Subsidiary in India?

  • To start operations in India
  • Ease in bringing in funds for India operations
  • Operations and strategic control
  • Retaining the brand name of the parent company

Requirements to start an Indian Subsidiary

  • At least 2 shareholders – maximum of 200
  • At least 1 shareholder must be a resident in India
  • At least 2 Directors – maximum of 15
  • At least 1 Director must be a resident in India
  • Director can be a Shareholder
  • Authorized capital of minimum INR 1 Lakh
  • Minimum paid up capital can be any amount up to the authorized capital

Process Flow

Timeline 10-15 working days
  • Raise a request with us, discussion with Wazzeer team, share basic information
  • Review proposal and hire
  • Share details and documents
  • Generation of DSC & DIN
  • Name application filing
  • Drafting of MoA & AoA
  • Incorporation filing with RoC

Required Documents

  • For Indian passport holders
    • Address proof - any one of Aadhaar Card (Preferred), Driving License, Election Photo ID (Soft copy) for all shareholders and directors
    • PAN copy (soft copy) for all shareholders and directors
  • For non-Indian passport holders
    • Passport Copy (Compulsory)
    • Any other valid Address Proof
    • The above documents are required to be notarized and apostilled or Legalized
  • Company documents:
    • Certificate of Incorporation of Parent Company
    • Charter Documents of the Parent Company
    • Letter Authorizing any Individual to Parent Company's Authorized Representative
    • All these documents needs to be Notarized and Apostilled, if the parent company is a foreign company.
  • Registered office address proof
    • In case of a rented property
      • Rent Agreement Copy (Should be either in the name of Company or one of the Director)
      • No Objection Certificate from Landlord
      • Utility Bill (Electricity Bill or Water Bill or Telephone Bill or Gas Bill)
    • In case of own property
      • Property Tax paid receipt: applicable if the property is in the name of one of the DIrector or his immediate relatives
      • No Objection Certificate from Landlord
      • Utility Bill (Electricity Bill or Water Bill or Telephone Bill or Gas Bill)

Key Deliverables

  • Digital signatures (DSC)
  • DIN approval letter
  • Name approval letter
  • MoA
  • AoA
  • Certificate of Incorporation
  • PAN of the company
  • TAN of the company

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

Minimum two directors (at least one Indian director), Minimum two shareholders, Minimum paid up capital of Rs 1 lakh
When a foreign company makes 100 percent FDI (Foreign Direct Investment) in India through an automatic route, the Indian company becomes the Wholly Owned Subsidiary Company of that Foreign Company. Let’s say ABC Inc. USA owns 100 per cent shares in XYZ Pvt. Ltd. Then XYZ Pvt. Ltd. becomes the Subsidiary Company. This is possible where 100 per cent FDI is permitted and no prior approval of Reserve Bank of India is required.
A company that is incorporated outside India (i.e. in a foreign country) is called Foreign Company. For example ABC Inc. USA.
100% Foreign Direct Investment is allowed in India in many of the industries under the Automatic Route. This means funds can be transferred to Indian company's account and it has to be reported to RBI only after the funds are transferred through a form called FC-GPR. Some sectors come under approval route. Here, we should apply for permission (which is called FIPB approval) and only after the approval by RBI funds should be transferred
Yes, Foreign parent or holding Companies, including USA parent companies, can incorporate a subsidiary, as a 100% owned Private Limited Company in India subject to Foreign Direct Investment (FDI) Guidelines.
Yes, Foreign Companies can hold shares of a Private Limited Company in India subject to Foreign Direct Investment (FDI) Guidelines.
Yes, a Foreign National or an NRI can be a Director in a Private Limited Company in India after obtaining Director Identification Number. However, at least one Director on the Board of Directors must be a Resident India.
No, the complete process can be carried online. Wazzeer has developed Standard Operating Processes that seamlessly delivers Business Registration 100% online. We might need you sign a few documents and courier the hard copies.
TYes, you can show your own residential or rented home address as the registered office address of the Company. If you take a place for rent, and the bills are in the owner’s name, a ‘No Objection Certificate’ is required from the owner of the property.
The Director needs to be over 18 years of age and must be a natural person. There are no limitations in terms of citizenship or residency. Therefore, foreign nationals can be directors in a Indian Private Limited Company.

Still have doubts?

Get started

Drop us a note with basic details. You will receive a call from us.