LAXMIKANT JAIPURKAR (Practicing Company Secretary/Tax Consultant) (403 Points)
10 March 2009What is the procedure for formation for incorporation of 100% foreign owned subsidy in India ? What are the necessary documents from the foreign entity ? What precautions required while incorporation of the company ?
Ashis Mahapatra
(Consultant-Tax & FEMA/FDI)
(183 Points)
Replied 07 October 2009
| Originally posted by :LAXMIKANT JAIPURKAR | ||
| " | What is the procedure for formation for incorporation of 100% foreign owned subsidy in India ? What are the necessary documents from the foreign entity ? What precautions required while incorporation of the company ? | " |
Dear Mr.Jaipurkar
Procedure for incorporation of a Foreign company subsidiary in India is almost same the way a domestic company get incorporated here.The aditional things you need to comply with requirements of FEMA/FDI Act.Prior to bringing the fund in to India You should thoroughly know & understand these guidelines .Respective Circular is attached hereunder for your reference
Rgrds
CAclubindia
