Indian Subsidiary

Choosing GTCS for creating an Indian Subsidiary offers several advantages and benefits tailored to meet your business expansion needs and regulatory requirements in India. Here’s why GTCS is the ideal partner for establishing your Indian Subsidiary:

Expertise and Experience

GTCS boasts a team of seasoned professionals with extensive experience in company registration services, including the formation of Indian Subsidiaries. With our expertise, we understand the intricacies of setting up a subsidiary in India and can guide you through the process efficiently.

Comprehensive Services

Beyond subsidiary registration, GTCS offers a comprehensive suite of services including legal compliance, tax advisory, market research, and more. This holistic approach ensures that all your business needs are addressed under one roof, saving you time and effort.

Understanding of Local Regulations

India has unique regulatory requirements and business practices. GTCS has a deep understanding of the Indian regulatory landscape and can help navigate the complexities involved in setting up a subsidiary, ensuring compliance with all applicable laws and regulations.

Tailored Solutions

We understand that every business has unique goals and requirements. GTCS provides personalized attention to each client, tailoring our services to meet your specific needs and preferences. Whether you're establishing a subsidiary for market expansion, manufacturing, or research and development, we have the expertise to assist you.

Transparent and Fair Pricing

At GTCS, transparency and fairness are at the core of our ethos. Our services are competitively priced with no hidden fees, ensuring that you receive excellent value for your investment. We provide upfront pricing quotes and clearly outline all costs involved in the subsidiary formation process.

Local Market Insights

Establishing a subsidiary in a new market like India requires a deep understanding of local market dynamics, consumer behavior, and competitive landscape. GTCS can provide valuable market insights and strategic guidance to help you make informed decisions and maximize your chances of success.

Timely Execution

GTCS is committed to delivering prompt and efficient services. We understand the importance of timely execution and strive to complete the subsidiary formation process within the stipulated timeframe. Our streamlined processes and attention to detail ensure minimal delays and a smooth experience for our clients.

Customer Satisfaction

At GTCS, customer satisfaction is our top priority. We take pride in delivering high-quality services that exceed our clients' expectations. Our dedicated team is always available to address your questions and concerns, providing ongoing support and assistance throughout the subsidiary formation journey.

Pricing

Basic

35999

Our Basic package is perfect for clients looking for essential services tailored to meet their specific needs. With this package, you'll receive comprehensive assistance and support to address fundamental requirements efficiently and effectively.

Basic Express

40999

For those seeking quick and reliable solutions without compromising on quality, our Basic Express package is the ideal choice. With expedited processing and swift delivery, this package ensures that your needs are met promptly while maintaining attention to detail and accuracy.

Advance

45999

Step up to our Advance package for enhanced features and personalized attention. This package is designed for clients seeking a broader range of services and comprehensive support to meet their more complex requirements. Benefit from our expertise and guidance every step of the way.

Advance Express

55999

Combining the benefits of our Advance package with expedited processing, our Advance Express package is the ultimate solution for clients who require rapid results without sacrificing excellence. Receive top-notch service with quick turnaround times, ensuring your needs are met efficiently and effectively.

Six Key Essential Steps to Achieve Success

01

Client Inquiry

Potential clients reach out to the consultancy seeking registration and certification services, initiating the process.

02

Initial Consultation

A comprehensive meeting is conducted by our Executive to understand the client’s requirements, discussing the necessary certification type and compliance standards.

03

Quotation and Agreement

Following the consultation, a detailed quotation is provided, outlining the services and associated costs. Upon agreement, a formal contract is signed between the company and the client.

04

Document Submission and Review

Clients submit essential documents and information required for the registration and certification processes, meticulously reviewed by our team for completeness and accuracy.

05

Pre-Assessment (Optional) and Audit Planning

An optional pre-assessment may be conducted to evaluate the client’s readiness, identifying any gaps. Subsequently, the company plans the certification audit, scheduling dates and assigning auditors.

06

On-Site Audit and Certification Decision

Auditors perform on-site assessments to verify compliance with relevant standards or regulations, documenting findings. Following the audit, the company evaluates results to determine certification eligibility, issuing it upon compliance.

Frequently Asked Questions (FAQs)

What is an Indian Subsidiary?

An Indian Subsidiary is a company incorporated in India and controlled by another company, typically located outside India. The controlling company, known as the parent company, owns a majority of the subsidiary’s shares and exercises control over its operations.

Who can establish an Indian Subsidiary?

Any foreign company or individual looking to establish a presence in India can set up an Indian Subsidiary. There are no restrictions on foreign ownership in most sectors, although certain sectors may have specific regulations or restrictions.

What are the key benefits of establishing an Indian Subsidiary?

Some key benefits of setting up an Indian Subsidiary include:
- Limited Liability: Shareholders of the subsidiary have limited liability, protecting their personal assets from the company’s debts and obligations.
- Separate Legal Entity: The subsidiary is a distinct legal entity from its parent company, allowing it to enter into contracts, own assets, and incur liabilities in its own name.
- Access to Indian Market: Establishing a subsidiary in India provides access to one of the world’s largest and fastest-growing markets, offering opportunities for business expansion and growth.
- Tax Benefits: Indian subsidiaries may be eligible for various tax incentives and benefits under Indian tax laws, depending on the nature of their business activities.
- Credibility: Having a local presence in India enhances the parent company’s credibility and reputation in the Indian market, making it easier to attract customers, partners, and investors.

What are the steps involved in creating an Indian Subsidiary?

The steps for creating an Indian Subsidiary typically include:
- Reserve a unique name for the subsidiary with the Registrar of Companies (ROC).
- Prepare and file incorporation documents, including the Memorandum of Association (MOA) and Articles of Association (AOA), with the ROC.
- Obtain a Director Identification Number (DIN) and Digital Signature Certificate (DSC) for proposed directors.
- Apply for incorporation with the ROC and pay the requisite fees.
- Obtain the Certificate of Incorporation from the ROC, which marks the official formation of the subsidiary.

Are there any restrictions on foreign ownership in an Indian Subsidiary?

In most sectors, there are no restrictions on foreign ownership in Indian subsidiaries. However, certain sectors, such as defense, telecommunications, and banking, may have specific regulations or restrictions on foreign investment. It’s essential to consult with legal and financial experts to understand any sector-specific regulations that may apply.

What are the compliance requirements for an Indian Subsidiary?

Indian subsidiaries are subject to various compliance requirements under Indian company law, including holding annual general meetings, maintaining proper accounting records, filing annual financial statements and returns with the ROC, and adhering to tax obligations. Additionally, any changes to the MOA or AOA require prior approval from the ROC.

Can an Indian Subsidiary be wholly owned by a foreign company?

Yes, an Indian Subsidiary can be wholly owned by a foreign company, meaning the foreign company owns 100% of the subsidiary’s shares. Wholly-owned subsidiaries are common structures used by foreign companies to establish a presence in India and maintain full control over their operations.

How long does it take to create an Indian Subsidiary?

The timeline for creating an Indian Subsidiary varies depending on factors such as the complexity of the company structure, regulatory approvals required, and processing times with government authorities. Generally, the process can take anywhere from a few weeks to a couple of months to complete.