A subsidiary in the business world is a corporation that belongs to another corporation which is generally referred to as the parent or holding company. The parent has a controlling interest in the subsidiary, meaning it has more than half of its stock or manages it. The subsidiary is referred to as a wholly-owned subsidiary in situations where a subsidiary is owned by another entity 100 per cent.
PROCEDURE FOR SETTING UP Subsidiary company:
A foreign company can incorporate a Subsidiary company in India without obtaining any prior approval from the government of India in most of the sectors, to check whether your business activity is covered under automatic route or not, kindly refer to the attached .pdf files, one is about the sectors in which automatic route is not available while another one is a list of sectors where the automatic route of FDI is allowed but subject to certain conditions. kindly get back to us in case you need assistance on this.
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Basic Documents of Foreign Company
Frequently Asked Questions
Although it may sound like a matter of semantics, in legal terms a branch office is entirely different from a subsidiary.And relying on one party over the other entails major implications of liability and enforcement.
1. The subsidiary may create its own brand image, and can increase a market's overall share. ...
2. The subsidiary is able to develop its own management style, operational methods and corporate culture to suit the unique nature
and position of its company and operations.
A subsidiary is a company owned or partially owned by another corporation. The entity that owns the subsidiary is known as a parent or holding company.However, it should be noted that a holding company does vary significantly from a parent company.
If one corporation owns enough shares in another company to manage the operations of that company, a subsidiary relationship to the parent company has been established. Parent companies may either set up their own subsidiaries, or buy an established subsidiary.
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