Foreign Subsidiary Company Registration
A foreign subsidiary company is any company, where 50% or more of its equity shares are owned by a company that is incorporated in another foreign nation. The said foreign company is called the holding company or the parent company. For example, A company incorporated in the USA (Parent company) is executing the same business operation through a subsidiary company in India.
Advantages of a Foreign Subsidiary Company
- Access to New Markets for Your Products and Services
- Expanding Brand Recognition
- Parent Company Can Share Its Resources.
- Control over the new company’s business activities.
- Limited liability for the holding company
- Resale potential if things don’t go according to plan
- Foreign Direct Investment (FDI) opportunities
Foreign Subsidiary Company Registration Process in India
The process of registration of a Foreign Subsidiary company is very simple and completely online. The person desiring to register his company can get his company registered through the Ministry of Corporate Affairs portal. That is www.mca.gov.in. A company is needed to be registered with the registrar of companies (ROC). ROC keeps all the records regarding all the companies in India.
How to register an Online Foreign Subsidiary Company in India
There are certain requirements for registering a company. These are:
- Digital signatures or DSC of all the subscribers and DIN of the person desiring to be the director of the company. All the forms which are filed on the MCA portal require the Digital signatures of the signatories
- After getting the DSC the form Spice+ is filled on the portal with the required documents as attachments.
Required Documents for Registration of Foreign Subsidiary CompanyHolding Company Documents
Registering a company is a simple process but it requires professional guidance. We at Companify help you to take a step forward in owning your company by providing you with a hassle-free process of company registration. Our team of experts will guide you at each step so that you can make the right decision as per your need. We have different company registration packages as per your requirements.