Setting up in India

Certainly, Section 12 of the Companies Act, 2013 (“Act”) holds significant relevance in the Indian corporate legal framework. This section pertains to the “Registered Office of the Company” and lays down essential provisions that are crucial for the administration, communication, and legal identity of a company.   Section 12 of the Act deals with the registered …

Critical Cornerstone: Unveiling the Significance of a Company’s Registered Office Read More »

A foreign subsidiary company is a subsidiary (holding majority shareholding) that a parent company sets up in any foreign country. The subsidiary operates as a separate legal entity and is responsible for conducting business in the foreign country. Setting up a foreign subsidiary company can provide many benefits, such as access to new markets and …

A Comprehensive Guide on Foreign Subsidiary Company Compliances in India Read More »

India is one of the world’s fastest-growing economies and a very lucrative market for foreign companies. Setting up a subsidiary in India could be a viable approach for foreign companies to expand their operations and gain exposure to this large customer base.  But the process of setting up a subsidiary in India can be complicated …

Setting up a Subsidiary in India: How Can Foreign Companies Set Up Subsidiaries In India? Read More »

A wholly owned subsidiary is a company in which another company, which is generally called the parent company, owns the whole shareholding. Instead of functioning as an integral division or unit of the parent company, the subsidiary typically runs independently of it, having its own senior leadership structure, products, and clientele. Nonetheless, the parent company …

Advantages of Wholly Owned Subsidiary in India Read More »

A wholly Owned Subsidiary (WoS) refers to an independent and separate legal entity or a corporation with 100% of its shares held by another corporation, termed as the ‘parent company’. The parent company often governs the decision-making of the WoS. A WoS can be created either through a takeover by the parent company or by …

Steps For Incorporation of a Wholly Owned Subsidiary In India Read More »