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Author: Sheetal V
A foreign company can also set up its operations in India by forming a wholly owned subsidiary in India in sectors where 100% FDI is permitted under the automatic route or where approval from the FIPB has been obtained for such investment.
Other than the approval that may be required to be obtained from the FIPB in case of regulated sectors, the procedure for setting up a subsidiary Company In India is same as that of any other private or public limited company registrations. For details of the procedure, please click here: newcompanyregistrationindia.com/wholly-owned-subsidiary.php