Wholly Owned Subsidiary

Foreign companies can also set up their operations in India by forming a Wholly Owned Subsidiary in sectors, where 100% foreign direct investment is permitted under the FDI policy. An application has to be filed with the registrar of Companies (ROC) for registration and incorporation of the Company in India.

For instance, there is a company – ‘X’ – whose 100% shares are held by another company -’Y’. In this case, company ‘Y’ becomes a wholly owned subsidiary company of company ‘X’.

Minimum Requirements: –

1. Approval from Parent Company for incorporation
2. Atleast 2 Directors out of which 1 Director shall be an Indian resident and 2 Members
3. If a body corporate is Director then it has to nominate a natural person
4. DSC and DIN of proposed Directors
5. Proposed business activity

We can help you in registration of a wholly owned subsidiary of a foreign company in India. Our dedicated team will help you with the entire process from registration to post incorporation compliances.

For registration of a wholly owned subsidiary of a foreign company in India, click here.

Register for wholly-owned subsidiary and leave all the legal worries to Registration Mitra

We at Registration Mitra are well-versed with all the legalities required to register for wholly-owned subsidiaries in Delhi. A wholly-owned company is one that is completely owned by the parent company. It has 100% discretion over the activities of the affiliate and requires the parent to select the board of directors of the subsidiary that is in charge of the affiliate. Wholly-owned subsidiaries could be part of one industry or an entirely separate industry as a parent corporation. Anyone looking for subsidiary company registration in India can contact Registration Mitra for a quick and reliable solution.