Domiyance Finance Consultancy LLP
India is an Open Economy with 100% of Foreign Direct Investment allowed under the Automatic Route. We assist foreign companies in setting up their wholly-owned subsidiary (WOS) in India.
$ 299
$ 299
$ 299
A foreign subsidiary company is any company, where 50% or more of its equity shares are owned by a company that is incorporated in another foreign nation. The said foreign company in such a case is called the holding company or the parent company.
For a company to be a foreign subsidiary company in India, the company itself must be incorporated in India. It does not matter which country the parent company is incorporated in.
Register Your 100% Owned Private Limited Company or Subsidiary Company anywhere in India. Company Registration is a Centralised Process by the Central Government and there is no state-specific law to register a business in India. All our packages contain the following items.
Whether the proposed Indian entity is an independent company or a wholly-owned subsidiary, the incorporation process shall remain the same. The first step is to check the FDI Limit of Your Sector and see the minimum requirement for company registration. Generally, the foreign direct investment in India is open under the automatic route from most of the sectors and all countries. However, investments from countries that share land borders with India such as Pakistan, Bangladesh, Bhutan, Nepal, China and Afghanistan do not qualify under the automatic route. India is the best destination to do business because of following:
Perhaps the most critical aspect of setting up a company from overseas shareholding is correct documentation and legalization. After we receive the complete set of basic documents we shall draft declarations as required under the companies act, 2013, Memorandum of Association (MOA), Articles of Association (AOA) and other documents as may be required on a case to case basis.
All documents originating from a foreign country or which is signed/executed in a foreign country is required to be legalized. The attestation can be done either through the Indian Embassy or to be apostilled as per Hague Convention. However, in case the foreign person comes to India with original documents on a Business Visa, then attestation can be done in India.
A Digital Signature (DSC) is the equivalent of physical or paper signature under the information technology act. As per the new process, all applications to the Registrar of Companies (ROC) are filed in digital format which needs to be authenticated by the digital signature of the proposed shareholders and directors as the case may be. The filing process starts with the issue of digital signature for all the promoters.
The name of the proposed Company must be unique and should not resemble any existing company, LLP, Trademark or any other business. The subsidiary of a foreign company can have the name of a foreign Company with India as a name.
After the Name Approval of the Company, the application for incorporation is filed with the MOA, AOA, ID & Address Proof of Promoters and the proof of registered address with NOC from the owner of the premises. The application for company registration is processed at Central Processing Centre at Manesar (Near Our Delhi Office) and after approval results in the issue of the Certificate of Incorporation which is conclusive proof of the registration of the Company.
After company incorporation, the Bank Account has to be opened, wherein the foreign direct investment must reach within 180 days of incorporation of the company with advance intimation to Banker. The new company can not start any of its business activities unless the capital has been received in India.