India is one of the fastest-growing markets in the world, making it a popular destination for foreign companies. Many international businesses want to expand here by setting up a subsidiary. Indian Subsidiary Company Registration is the process that allows a foreign company to establish its presence in India legally.

A subsidiary company in India is either a Private Limited Company or a Public Limited Company, where the parent company holds the majority of shares. It operates as a separate legal entity, meaning it can enter into contracts, own assets, and be responsible for its debts and obligations.

Steps for Indian Subsidiary Company Registration:

1. Get Digital Signature Certificate (DSC):
2. All directors must have a Digital Signature Certificate (DSC) to sign electronic documents.
3. Obtain Director Identification Number (DIN):
4. Each director needs a DIN (Director Identification Number) issued by the Ministry of Corporate Affairs (MCA).
5. Name Approval:
6. You must apply for name approval through the MCA portal. The name should reflect the company’s brand or activities.
7. Draft Legal Documents:
8. Prepare the Memorandum of Association (MOA) and Articles of Association (AOA), mentioning the business activities.
9. File Incorporation Forms:
10. Submit all the necessary forms and documents, like the INC-32 (SPICe+ form), to the Registrar of Companies (ROC).
11. Get the Certificate of Incorporation:
12. Once the documents are verified, the ROC issues a Certificate of Incorporation. This certifies that the Indian Subsidiary Company Registration is complete.
13. Apply for PAN and TAN:
14. After incorporation, you must apply for the company's PAN (Permanent Account Number) and TAN (Tax Dedication and Collection Account Number).
15. Open a Bank Account:
16. Open a bank account in the name of the subsidiary company to start business operations.

Benefits of Indian Subsidiary Company Registration:

• Access to the Indian market
• Limited liability for the parent company
• Separate legal identity
• Easier transfer of ownership
• Enjoyment of tax benefits and government schemes

Conclusion

Indian Subsidiary Company Registration helps foreign businesses set up a strong and independent presence in India. With the right guidance and proper documentation, the registration process can be smooth and quick. Expanding into India can open new doors of opportunity for companies around the world!