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Formation of Subsidiary Company in India

Formation of Subsidiary Company in India-

What is Formation of Subsidiary Company ?

Formation of Subsidiary Company in India -As per companies Act 1956, if a company holds more than 50% of share capital of  another company, then such another company is subsidiary of first mentioned company. We also renders services in Subsidiary Company in India or Any Part of India.

Formation of Subsidiary Company in India

Formation of Subsidiary Company in India

  • Procedure to open a Formation of Subsidiary Company in India .
    Foreign company has to pass resolution in its board meeting that it is proposed to setup a subsidiary in India and nominate atleast two persons to sign the memorandum and articles of association and hold the shares of the subsidiary on its behalf. This resolution needs to be notarised.
    Other procedure will be the same as that of a Formation of Subsidiary Company . for more information just simply call me.

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How much time is required to Formation of Subsidiary Company in India?

Normal time to form a Subsidiary Company is 20 working days time.

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