How To Find Subsidiary Company Formation in India


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How To Select Subsidiary Company Formation in India? If you are planning to set up a business in India, you will need to get a subsidiary company formation in India. It is a great idea to have a subsidiary in your country to manage your operations. However, it is important to follow the law of the country. It is necessary to comply with the laws of FEMA and RBI to operate legally in the country. You must also appoint a foreign director to manage the activities of your subsidiary.

 

First, you should know that Indian subsidiaries are required to be registered with the Companies House. This is because they need a bank account in the country. Additionally, you must have a registered address in India. You can use a lease contract or rent a space. It is also essential to get a tax identification number and register for VAT in your country. After setting up your company, you will need to file all the documents with the Trade Register. The trade register is the authority where your subsidiary is registered. Based on your registration, you will receive a Certificate of Registration.

 

The next step in the process of setting up an Indian subsidiary company is to apply for a Digital Signature Certificate. This certificate helps in the electronic signing of documents. You can electronically send documents to the other company. You will also need to obtain a PAN and TAN for your Indian subsidiary. Finally, you will need to open a bank account to fund your subsidiary company. A bank account is necessary for all transactions that you will make with your new company.

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