Indian Subsidiary Company

Subsidiary company is companies who’s control lies with other company and company that holds the control is called has holding company or parent company where the majority of shares are hold by them. The holding company holds major interest of subsidiary company. The company which holds 100% of subsidiary company is called the wholly-owned subsidiary company. Subsidiary company either can be established or acquired by the holding company.

Overview

Now a day’s India is one of the fastest growing economy in the world and it’s attracting many foreign Investor and other investor to invest in various company and sectors. With the world’s second largest population and largest talented IT professionals, India continues to be a

Documents Checklist

Documents required for entity to called has proprietorship form

Pan Card Copy

Aadhar Card Copy

Passport Size Photo

Contact details of partners (Email-ID And Mobile Number)

Driving License / Voting Card / Passport Copy (Any one Documents)

Utility bill Proof (Light bill / Telephone bill / Gas bill / Property tax bill / Bank Statement)
(Any one Documents)

The Documents Required for Registered office premises

Utility bill Proof (Light bill / Telephone bill / Gas bill / Property tax bill / Bank Statement)
(Any one Documents).
In Case if Property is rented
1. Rent Agreement.
2. Light bill of premises.
3. NOC from Owner.

Benefits

Benefits of Indian Subsidiary company

A. Limited Liability

Liability of directors and members are limited to the shares they hold in Indian subsidiary company. This means if the company faces any financial crises during it course of business then personal assets of members cannot be utilized to repay the debt of company it remains to the extent of company. 

B. Foreign Direct Investment

Indian government has approved 100% of FDI in few industries. I.e. FDI is permitted 100% without going any approval from RBI. In case if you are proprietorship, partnership firm, or LLP. You may have to take prior approval for investment form FDI.

C. Scope of expansion

An India subsidiary company enjoys all the benefits of private Limited company. Though it can raise funds from Investors, financial institution and venture capitalist, thus growth and expansion of company becomes easy.

D. Borrow Funds

Indian subsidiary company can borrow funds from financial intuition and through it’s financial instruments.

E. Sue and Sued

Indian subsidiary company can acts as legal person, thus it can sue and sued by other.

FDI in Private limited Company in India

In Private limited company or Limited company Foreign Direct investments are allowed 100% in few business sectors. Only few sector required prior approval from government for investment from foreign national of foreign company. Below are few business sectors where prior approval is required for investment form foreign national or foreign company.
1. Petroleum sector (except for private sector oil refining), Natural gas / LNG pipelines.
2. Investing in companies in Infrastructure
3. Defence and strategic industries
4. Atomic minerals
5. Print Media
6. Broadcasting
7. Postal Services
8. Courier Services
9. Establishment and operation of Satellite
10. Development of Integrated township1
11. Tea Sector
12. Asset Reconstruction Companies

Packages

Choose your package & proceed to pay

BASICSTANDARDPREMIUM
2 DSC 2 Years validity 2 DSC 2 Years validity 2 DSC 2 Years validity
2 DIN Number for Director2 DIN Number for Director2 DIN Number for Director
Name Approval for companyName Approval for companyName Approval for company
Authorized capital of 5 lakhAuthorized capital of 5 lakhAuthorized capital of 5 lakh
Incorporation feesIncorporation feesIncorporation fees
PAN And TAN of CompanyPAN And TAN of CompanyPAN And TAN of Company
PF And ESIC NumberPF And ESIC NumberPF And ESIC Number
Bank Account OpeningBank Account OpeningBank Account Opening
Incorporation KITIncorporation KITIncorporation KIT
Goods And Service Tax (GST)Goods And Service Tax (GST)
Udyam RegistrationUdyam Registration
Import Export code (IEC)
ISO Certification 3 Years Validity
Rs. 10999Rs. 11499Rs. 18999

Process

Get the process done in 5 Easy Steps

1. Obtain DSC

2. Apply for the DIN

3. Application for the name availability

4. Submission of MoA and AoA to register a private limited company

5. Apply for the PAN and TAN of the company

6. ROC issues a certificate of incorporation with a PAN and TAN

FAQ's

1. What are the prerequisites to incorporate a Private Limited Company?

Answer: The prerequisites for the incorporation of a private limited company are that:
The number of members in Pvt Ltd company must be between 2-200.
There must be at least two directors and two shareholders in private limited company.
Each director must have a Directors Identification Number (DIN).
PAN card copy of directors/shareholders and Passport copy for NRI subscribers.

2. Can the private company be incorporated with a residential address?

Answer: Yes. A Private Limited Company can be incorporated on residential address.

3. What are MOA and AOA?

Answer: MOA stand for Memorandum of understanding is defines under.

4. What documents are required to open a current account for private limited company?

Answer: After Incorporation of private Limited company, Bank Account has to be open In the name of private Limited company and certain documents are required are mentioned Below
A. Incorporation certificate.
B. MOA and AOA of private limited company.
C. DIN Number of Directors.
D. KYC of Directors.
E. Board resolution from directors for opening current account.

5. What is authorized capital and paid-up capital in OPC Company?
Answer: Authorized capital is maximum value of issue size of equity share that can be issued by company at or after OPC Company Registration, Paid-up capital is the amount of value of share issued by company to their share holder.
6. What are ROC annual compliances for private limited company?
Answer: Every private limited company has to file Annual Roc form, DPT-3, MGT-7, AOC-4, DIR-3. 
7. What is INC-20A?
Answer: INC-20A is form for commencement of business that every private limited company has to file after company registration for filing INC 20-A, the shareholder of the company has to transfer the funds from their personal account to companies current account in their capital sharing ratio.
8. What is DIN?
Answer: DIN Stands for Director Identification Number which is being allotted by Registrar to directors of company at the time of company registration. An Individual can also apply for Din separately.
9. When is the statutory auditor appointed in private limited company?
Answer: An Chartered accountant is being appointed by board of directors has auditor within 30 days of company incorporation.
10. Which ITR form is to be filled for private limited company registration?
Answer: Form ITR 6 has to be filled every year for companies incorporated in India.
11. What is AOA?
Answer: AOA in Private Limited Company stands for Article of Association. The AOA in Private limited company defines by law, rules and regulations within internal constitution of the said company
12. What is MOA?
Answer: MOA in Private Limited Company stands for Memorandum of Association. The MOA in Private Limited Company shows the mission, vision and objectives of the company.
13. What is CIN Number in Private Limited Company?
Answer: A CIN Number is a 21 Digit Unique Number Issued to Private Limited Company By Registrar of companies.
14. Can we Change our registered office after Private Limited Company Registration?
Answer: Yes, we can change or Registered office address after Registration.
15. What is Validity of Certificate of Incorporation?
Answer: A Certificate of Incorporation issued by Registrar of company and its valid till lifetime.

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Email us support@setupfilings.com