Incorporation of Indian subsidiary in India by foreign promoters is best and popular option to start business in Indian. Indian subsidiary company can be easily incorporated in India and there are no need to visit in India by foreign promoters. Foreign company can hold 100% shares of Indian subsidiary company subject to FDI limit however lots and area are come under 100% FDI limit to run the business in India.

A foreign company can set up a Private Limited Company as its subsidiary in India. The minimum requirements for incorporating a company in India are –

It should have a minimum of 2 directors and 2 shareholders. One of directors should be an Indian resident. Finding an Indian resident director becomes a challenge for many foreign companies. Generally, the companies appoint the senior employee or the country manager as its director.

The incorporation documents including the address proof, identity proof, etc of the foreign shareholders and directors to be notarized and Apostilled/ endorsed at the Indian Consulate in the country where the registered office of the entity is situated.

We at GrowUp Accounting Solutions, have the expertise in setting up Indian subsidiary for many foreign companies from different parts of the world. In case you need further information, please email support@growupaccountingsolutions.com or call us @ +91-8197971193 / +91-8217422835