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Start My Indian Subsidiary – IN JUST Rs 3999+ Govt fees

START MY INDIAN SUBSIDIARY

A wholly owned subsidiary is a company that is completely owned by another company. The company that owns the subsidiary is called the parent company or holding company. The parent company will hold all of the subsidiary’s common stock. Since the parent company owns all of the subsidiary’s stock, it has the right to appoint the subsidiary’s board of directors, which controls the subsidiary.

Wholly owned subsidiaries may be part of the same industry as the parent company or part of an entirely different industry. Sometimes, a company will spin off part of itself as a wholly owned subsidiary, such as a computer company spinning off its printer manufacturing division.

Minimum requirements

    • Minimum two directors
    • Minimum two shareholders
    • Minimum paid up capital of Rs1 lakh

Advantages of a Wholly Owned Subsidiary

Wholly owned subsidiaries offer some advantages to the parent company. Companies that must rely upon suppliers and service providers can take control of their supply chain by use of wholly owned subsidiaries. This is a means of vertical integration where companies in a supply chain are under the control of a common owner. For example, a car manufacturing company may have several wholly owned subsidiaries, including a tire company and several different auto parts companies.

DOCUMENTS REQUIRED

We will require following documents

  • Copy of PAN card of all Directors and Share Holders
  • Copy of Address proof ( Voter Id / Passport / Driving License) all Directors and Share Holders
  • Passport size photo of all Directors and Share Holders
  • Latest Electricity Bill/ telephone bill or Rent agreement with NOC of Owner of Business Premises
  • Latest Bank Statement of all director and shareholders
  • Foreign National – Passport (mandatory)
  • Foreign National – Address Proof (electricity bill, telephone bill, bank statement or passbook or rent agreement and latest electricity bill in case of rented accommodation. Document must be certified by the Indian Consulate)
  • Foreign National – Photo ID Proof (Any government license or document containing name in full, photo and date of birth. Document must be certified by Indian Consulate).

Note :- After complete the preparation the document ,require signature of all director and promoter so all paper will courier to you.

WHAT WILL BE PROVIDED

iconDigital Signature (E-token) with 2 Year validity

iconName Approval Certificate from MCA

iconDIN of (3) Directors

iconPrinted Copy of MOA & AOA

iconCompany Registration Certificate

iconPAN Card

iconShare Certificates

PROCESS

  • Wholly owned subsidiary Company Registration Is Take A Time Of 15-20 Days Subject To Roc Processing Time
  • Obtaining Digital Signature Certificate (DSC) of one proposed director with two year validity. It will take 2 working days
  • Get Director Identification Number (DIN) of minimum two proposed directors from MCA and require one working days.
  • Submit the form for NAME APPROVAL at MCA with one to Two proposed names and require 4 working days subject to ROC processing time.
  • Submit the final COMPANY REGISTRATION document at MCA and it will take 7 working days subject to ROC processing time.

FILE YOUR INCOME TAX RETURN - Start from Rs 499 *