Setting up wholly owned subsidiary in usa

Sachin Chokshi (Partner) (34 Points)

03 September 2013  

Dear all,

I am curious to know if an Indian based private limited company is required to inform any statutory bodies i.e. RBI, FEMA, etc. before they form a wholly owned subsidiary in USA?

The company in USA is to be formed with the minimum required capital as per the laws in the USA.

Thanks

Sachin