Wholly Owned Subsidiary Registration in India
A Wholly Owned Subsidiary in India is an Indian company where the foreign parent company owns the entire shareholding directly or through permitted nominees. It is commonly used by international businesses that want full ownership, operational control, and a recognised legal entity in India. IndiaFilings helps foreign companies register wholly owned subsidiaries with support for MCA filing, FDI compliance, PAN, TAN, GST, and banking.
What Is a Wholly Owned Subsidiary?
A Wholly Owned Subsidiary is incorporated as an Indian company while being owned by a foreign parent entity. It can enter contracts, hire employees, open bank accounts, pay taxes, and conduct business in India under its own legal identity.
Why Choose a Wholly Owned Subsidiary?
- Complete ownership control for the foreign parent company
- Separate legal identity in India
- Better credibility with customers, banks, and vendors
- Suitable for long-term India operations
- Structured route for foreign investment and expansion
Registration Process
- Review foreign ownership and sector-specific requirements
- Appoint directors and identify the resident director
- Apply for DSC and DIN
- Complete name approval
- Prepare incorporation and shareholder documents
- File MCA incorporation forms and obtain approval
Post-Incorporation Requirements
After registration, the company should complete FDI compliance, bank account opening, GST registration, and annual compliance. IndiaFilings provides end-to-end assistance for Wholly Owned Subsidiary setup in India.