Registering a business in India is a very quick and online process. India is a land of infinite opportunities and skilled workforce as one would agree. Starting a business in India and Investing was never so easy, cheap and quick. One can start a wholly owned Indian subsidiary anywhere in India. There are no state-specific laws to register your business in India. There is only one central law that governs the Indian Subsidiary Set up across India. All you need a resident Indian director (not necessarily a shareholder but can be an employee!) and a rented (virtual) place of office to get going. 100% ownership, strategic decision -making and control of operations rest with your parent company always.
Minimum Requirement for Indian Subsidiary:
- Minimum two directors are required for incorporation of the Company. At least one should be a resident of India.
- No minimum capital required to form an Indian Subsidiary Company in India.
- Indian Subsidiary Company must have minimum of two shareholders. Shareholders can be either individual or any entity or a combination of both.
- The Parent Company must hold 50% of total equity share capital
- Director Identification Number for all Directors
Documents required for Indian subsidiary registration
An applicant who is a foreign national has to submit the following documents:
Passport
Driving license
Identity proof of the country they are staying in
The Indian Director has to submit the following documents:
PAN Card
Aadhar card
Any utility bill.
The representative of the foreign company has to submit the following documents:
Passport
Driving license
Identity proof of the country they are staying in
