Indian Subsidiary Company

A foreign company can set up a Private Limited Company as its subsidiary in India. The minimum requirements for incorporating a company in India are –

• It should have a minimum of 2 directors and 2 shareholders. One of directors should be an Indian resident. Finding an Indian resident director becomes a challenge for many foreign companies. Generally, the companies appoint the senior employee or the country manager as its director.
• The incorporation documents including the address proof, identity proof, etc of the foreign shareholders and directors to be notarized and Apostilled/ endorsed at the Indian Consulate in the country where the registered office of the entity is situated.

Other form of business entity setup that can be formed by the foreign company in India :

• Branch Office / Liaison Office
• Limited Liability Partnerships (LLPs)

Other registration required after subsidiary company registration depending on business :

• GST Registration

• Registration under Karnataka Shops and Establishment Act

• Profession Tax Registration

• MSME | Udyog Aadhaar Registration

• Employee Provident Fund Registration (PF Registration)

• Employee State Insurance Registration (ESI Registration)

• STPI Registration or Non-STPI Registration

• Import Export Code ( IEC)

• Trade License from BBMP