According to FEMA guidelines, Foreign Direct Investment (FDI) is not allowed in case of Proprietorship, Partnership Firm and indian subsidiary of a foreign company. Though investment in LLP’s is allowed, but it requires prior approval of the RBI. and foreign subsidiary company in india.
Hence, the easiest and fastest way set up a business in subsidiary of foreign company in india by NRI’s and Foreign Nationals/entities is through Forming a Subsidiary in India.
- Capital: There is no minimum capital required to form a Forming a Subsidiary in India.
- Directors: Minimum two directors are required to foreign subsidiary of indian company. Both should be individuals and at-least one of whom should be a resident of Forming a Subsidiary in India. (A resident of India is a person who has stayed in India for at-least 182 days in the previous year).
- Shareholders: Companies Act, 2013 requires that a Private Limited Company have a minimum of two shareholders. There is no condition for residential status of shareholders. Shareholders can be either individuals or entities or a combination of both for indian subsidiary registration.
VenturEasy can help you with the Incorporation of Subsidiary in India, foreign company registration in india, foreign company registration, international subsidiary. Get in touch with us at hello@ventureasy.com
No comments:
Post a Comment