Company Formation • Company Avenue Advisory

Indian Subsidiary
Registration

Incorporate a wholly-owned Private Limited Company in India as a foreign subsidiary. Full FEMA/RBI compliance, apostilled document handling, and post-incorporation support — from ₹14,999.

Timeline

10–15 Working Days

Authority

MCA + RBI (FEMA)

Key Form

SPICe+ / INC-32

Starting From

₹14,999

Outcome

Certificate of Incorporation

FDI Reporting

FCGPR within 30 days

Overview

What is an Indian Subsidiary?

An Indian Subsidiary is a Private Limited Company incorporated in India where the majority of shares (or all shares) are held by a foreign parent company. It is governed by the Companies Act 2013 and must comply with FEMA (Foreign Exchange Management Act) for any cross-border transactions.

Unlike a Branch or Liaison Office (which require prior RBI approval), a subsidiary is a separate legal entity with full operational independence. It can conduct all business activities permitted under India's FDI policy.

Incorporated as Private Limited Company under Companies Act 2013
Governed by FEMA 1999 for all cross-border transactions
Minimum 1 Indian resident director mandatory (Sec 149(3))
FDI under automatic route for most sectors — no prior approval
FCGPR must be filed with RBI within 30 days of capital receipt
Annual filings: ROC (AOC-4, MGT-7) + RBI (FLA Return by July 15)
Can issue ESOPs, raise local debt, and list on Indian exchanges later
Ideal For

Who Should Register an Indian Subsidiary?

Global MNCs

Entering the Indian market for the first time.

Manufacturers

Setting up production or assembly units in India.

E-commerce Brands

Selling to Indian consumers via own platform.

Technology Companies

Offering SaaS, IT services, or R&D in India.

Professional Services

Consultancies, law firms, and advisory firms.

Investment Funds

Private equity or venture funds deploying capital.

Startups

Foreign founders building products for India.

Trading Companies

Import/export and distribution businesses.

Advantages

Benefits of an Indian Subsidiary

Limited Liability

Foreign parent's exposure is limited to its investment in the Indian entity.

100% FDI in Most Sectors

Automatic route allows full foreign ownership without prior RBI approval in eligible sectors.

Separate Legal Identity

Indian Pvt Ltd is a distinct legal entity — can own property, open accounts, sue and be sued.

Brand Credibility

An Indian incorporated entity commands greater trust among customers, vendors, and employees.

Easy Profit Repatriation

Dividends can be repatriated after payment of DDT; royalties and fees also allowed under FEMA.

Access to Local Talent

Hire Indian employees under Indian labour laws with ESOPs and PF/ESIC compliance.

Tax Treaties

Benefit from India's DTAA with 90+ countries — avoid double taxation.

Scalable Structure

Easy to issue shares, onboard local partners, and convert to public limited company later.

How It Works

Step-by-Step Registration Process

01

FEMA Eligibility Check

Confirm the business sector falls under automatic FDI route or requires prior RBI/Govt approval.

02

Document Collection

Gather notarised/apostilled documents from the foreign parent company and Indian resident director.

03

DSC & DIN

Obtain Digital Signature Certificates and Director Identification Numbers for all proposed directors.

04

Name Reservation (RUN)

Reserve a unique company name on the MCA portal via Reserve Unique Name (RUN) service.

05

SPICe+ Filing

File integrated incorporation form SPICe+ with MOA, AOA, and all director declarations.

06

Certificate of Incorporation

MCA issues Certificate of Incorporation with CIN, PAN, and TAN.

07

Bank Account & Capital Infusion

Open current account; receive share capital remittance from foreign parent via SWIFT.

08

FCGPR Filing (RBI)

File Form FCGPR on the RBI's FIRMS portal within 30 days of receiving remittance.

Required

Documents Checklist

Certificate of Incorporation of foreign parent (apostilled)
Board Resolution authorising Indian subsidiary incorporation
MOA & AOA of foreign parent company
Passport & address proof of foreign directors
PAN Card of Indian resident director
Aadhaar of Indian resident director
Proof of registered office address in India
Bank statement / utility bill for address proof
Duration

Expected Timeline

1

Documents

Day 1

2

DSC & DIN

Day 2–3

3

Name Approval

Day 3–5

4

SPICe+ Filing

Day 5–7

5

COI Issued

Day 10–15

6

RBI Filing

+30 days

Why Us

Why Choose Company Avenue Advisory?

FEMA Specialists

Expert guidance on FDI routes, sector restrictions, and RBI reporting obligations.

End-to-End Support

From incorporation to first FCGPR filing and beyond — one point of contact.

Apostille Assistance

We guide you on document legalisation requirements for every country.

Post-Incorporation Compliance

Annual RBI filings, ROC compliance, and audit support included in our packages.

FAQs

Frequently Asked Questions

Ready to Enter the Indian Market?

Our FEMA experts handle incorporation, RBI filings, and post-registration compliance — end to end.