How to Open Subsidiary Company in India


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How to Open Subsidiary Company in India? The process of setting up a wholly owned subsidiary in India can be complicated and time-consuming. However, there are some essential steps to be followed in order to make the process as hassle-free as possible. These steps are detailed below and can help you create a subsidiary company in India.

 

To start operations in India, you'll need to establish a Digital Signature Certificate and obtain a TAN or PAN. Your Indian subsidiary will also require a bank account. You need to have a bank account to conduct various business transactions, and it is crucial to get a Director's Identification Number and a PAN. Once you've created your company's TAN and PAN, you'll need to open a bank account.

 

If you're an investor, you'll need to submit Form INC-7 and Form DIR-12. These forms are required by the Registrar of Companies. These forms allow the investor to name directors and key managers, and they must be Indian nationals. In addition, you'll need to provide the statutory documents of the company, such as the memorandum and articles of association. This is important for the information of all shareholders and for registering a subsidiary in India.

Contact Filing Point for start Subsidiary Company in India

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