Indian Subsidiary Registration
Ideal for Foreign Entities interested in investing in India (Duration < 30 days)
Minimum Requirements for Indian Subsidiary Registration ?
- Minimum 2 Shareholders
- Minimum Capital of Rs. 1lac
- DIN for all Directors
- Parent company must hold 50% of total equity capital.
Documents required for Indian Subsidiary Company
- From All Directors and Shareholders
- Utility bills (any)
- A copy of a rent agreement with NOC from an owner.
- For Proposed Registered Office (Residential or commercial)
- Passport of foreign directors
- Incorporation certificate issued by the foreign government
- For opening a subsidiary company in India, a resolution from LLC/INC
- A copy of Voter’s ID/Driving license/Passport & PAN Card of Indian director.
- Photograph of all directors and shareholder. (Passport-sized)
Annual Compliances of Indian Subsidiary Company
All Indian Subsidiary companies are needed to comply with Companies Act, the Income Tax Act, FEMA guidelines, transfer pricing guidelines. Time to time, they are liable to file an income tax return with the income tax department, annual return with the registrar of companies and other mandatory filings with the reserve bank of India or securities and exchange board of India etc. However, the requirement is based on the type of industry, turnover, and the number of employees.