how to set up subsidiary company in India
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Depending on your company's sector, there are specific laws and requirements regarding how to set up a subsidiary in India. Before you can start operations, you need to get approval from the Reserve Bank of India (RBI) and acquire the required licenses. There are also various regional laws and regulations. You should carefully study these guidelines before establishing your presence in the country. How to Set Up a Subsidiary Company in the Republic of India
In India, a subsidiary company is a company that is controlled by another company. Under Indian law, it is a private limited company. The rules of setting up a subsidiary in India are different from those of other countries. For example, an investor can set up a subsidiary company in the country of the parent company without the need to obtain permission from the RBI. There are no restrictions for foreign investors in the country.
Foreign investors in India must obtain an EIN, TAN, or PAN. The documents they need to file must be notarized by a public notary in the country they are from. If they are not in English, they must be translated by an official translator. After getting the approvals, you can proceed with setting up your subsidiary company in India. When you are ready to start operations in India, make sure you follow the rules and regulations that are laid down by the Reserve Bank of the Indian government.
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