Chandantodi
Uploaded on Apr 17, 2023
Category
Startup & Entrepreneurship
A wholly-owned Indian subsidiary is one of the most feasible and viable option for a foreign entity to set up business in India. Such subsidiaries are fully owned by a foreign company, also known to as the parent or holding company, and the ownership of 100% of shares rests with the same. In India, Foreign companies can establish wholly-owned subsidiaries to take several benefits, such as entire operational control, diversification, access to Indian resources, and reduced risk, among others.
Category
Startup & Entrepreneurship
Wholly Owned Subsidiary in India
Wholly Owned Subsidiary in
India
What is a Wholly Owned Subsidiary ?
• A Wholly Owned Subsidiary in India (WOS) is a company
whose foreign parent company owns 100% of shares.
• Foreign-based companies are eligible to incorporate
wholly-owned subsidiaries in India as it has various
benefits such as having complete control over operations,
diversification, utilization of Indian resources, reduction of
risk, etc.
Minimum Requirement For WOS in India
• Shareholding of Parent or Holding Company
• Indian office address proof
• DSC for Indian Directors
• DIN for Directors
Advantages of WOS in India
• Separate legal entity
• Complete Control by Parent Company
• Global brand image and goodwill
Features of WOS in India
• Companies Act 2013 controls the working of majorly
owned businesses.
• It take up all kinds of business activities like
production, marketing, and services
Website : www.registrationarena.com
Email : [email protected]
Address : Stepup India Legal Solutions
Contact Us Private Limited, Flat no 202, 2nd Floor,U-
A-3/1, Above Vaibhav Jewellers, Ajmera
Housing Complex, Pimpri – Pune 411018
Phone : +91 8600544411, +91
8600544422
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