Subsidiary Company Setup
For all your requirements of setting up subsidiary company in India
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FLA Reporting View service
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ITR Filing View service
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ROC Filing View service
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Subsidiary Incorporation View service
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Subsidiary Statutory Audit View service
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Subsidiary Transfer Pricing Audit View service
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Transfer Pricing View service
Efficient and professional support throughout! Wazzeer’s experts simplified complex accounting tasks, proving their dedication to customer satisfaction. Moreover, their responsiveness to queries and updates on the progress were impressive. Wazzeer’s comprehensive services were worth every penny invested. I can wholeheartedly recommend Wazzeer to anyone seeking reliable and efficient legal solutions for their business needs.
Priyank Tiwari
Outstanding legal advice! Wazzeer’s team of experts proved to be true professionals, guiding me flawlessly through the intricate incorporation process. From the initial consultation to the final paperwork, they displayed remarkable expertise and dedication. Their personalized approach and attention to detail instilled confidence in me, making the entire experience stress-free.
Marc Rouhana
Compliance worries? Not anymore! Wazzeer’s compliance services are reliable and saved me time and effort. Impressed by their efficiency!
Atul Shree
Accounting made stress-free! Wazzeer’s experts streamlined my finances, maximizing my tax benefits. A trustworthy platform for entrepreneurs. Thanks a lot to the entire team.
Sreedhar Bevara
Wazzeer exceeded my expectations! Their legal team swiftly resolved my contract issues, ensuring a seamless experience. Highly recommended for top-notch service!
Abhijit Roy
We have been very pleased with the services being offered by Wazzeer.com. Best part is that you have a dedicated account manager who takes care of all your legal, accounting, compliance, audit related services, so instead of dealing with 4-5 professionals you deal with just one individual.
Vaibhav Pandey
Why choose Wazzeer?
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One platform for all your requirements
Incorporation is just the first step. Wazzeer supports you throughout your journey as an entrepreneur. Log in to get things done efficiently. A dedicated Account Manager offers the required human touch and acts as an advisor to you.
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Experienced professionals
Our professionals have at least 5 years of experience and have incorporated thousands of companies among them. The rich experience ensures that the process is smooth and right in the first go.
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Defined process
Over the last few years, doing over 500 incorporations, we have defined every step of the process. A virtual process is in place enabling us to deliver hassle free experience for you.
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Cost Effective
You pay what you see in the proposal. No surprises or hidden charges.
Frequently Asked Questions
What are the requirements to be a Director?
The Director needs to be over 18 years of age and must be a natural person. There are no limitations in terms of citizenship or residency. Therefore, foreign nationals can be Directors in an Indian Private Limited Company.
Should the directors be physically present during this process?
No, the complete process can be carried online. Wazzeer has developed Standard Operating Processes that seamlessly delivers Business Registration 100% online. We might need you to sign a few documents and courier the hard copies.
Can a Foreign Company or a Foreign Corporation hold shares of a Private Limited Company?
Yes, Foreign Companies can hold shares of a Private Limited Company in India subject to Foreign Direct Investment (FDI) Guidelines.
Can a Foreign Parent Company incorporate a Subsidiary in India?
Yes, Foreign parent or holding Companies, including USA parent companies, can incorporate a subsidiary, as a 100% owned Private Limited Company in India subject to Foreign Direct Investment (FDI) Guidelines.
What are FDI Guidelines for Foreigners in a Private Limited Company?
100% Foreign Direct Investment is allowed in India in many of the industries under the Automatic Route. This means funds can be transferred to the Indian company’s account and it has to be reported to RBI only after the funds are transferred through a form called FC-GPR. Some sectors come under the approval route. Here, we should apply for permission (which is called FIPB approval) and only after the approval by RBI funds should be transferred
What is a Wholly Owned Subsidiary Company in India by Foreign Company?
When a foreign company makes 100 percent FDI (Foreign Direct Investment) in India through an automatic route, the Indian company becomes the Wholly Owned Subsidiary Company of that Foreign Company. Let’s say ABC Inc. USA owns 100 percent shares in XYZ Pvt. Ltd. Then XYZ Pvt. Ltd. becomes the Subsidiary Company. This is possible where 100 percent FDI is permitted and no prior approval of Reserve Bank of India is required.
What are the minimum requirements to start the wholly-owned subsidiary?
Minimum two directors (at least one Indian director), Minimum two shareholders, Minimum paid-up capital of Rs 1 lakh