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charter1
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Posted: Thu 9:57, 25 Apr 2013 Post subject: Wholly Owned Subsidiary Company in India |
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Foreign companies can also set up wholly owned subsidiary in sectors where 100% foreign direct investment is permitted under the FDI policy.
Incorporation of the Company For registration and incorporation, set of applications have to be filed with Registrar of Companies (ROC). Once a company has been duly registered and incorporated as an Indian company, it is subject to Indian laws and regulations as appropriate to other domestic Indian companies.
AS A FOREIGN COMPANY
Foreign Companies can set up their operations in India through:
Liaison Office/Representative Office.
Project Office.
Branch Office.
Such offices can undertake any acceptable activities. Companies have to register themselves with Registrar of Companies (ROC) within 30 days of setting up a place of business in India.
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