CA Gnanika (CA ) (485 Points)
05 July 2012For incorporating Wholly owned subsidiary of a foreign company,
in FORM 1A, sub-category of proposed company to be selected should be " Subsidiary of Foreign Company" OR "Indian Non-government company?
Please mention the procedure for incorporating subsidiary of foreign company.
Thanks & Regards
Forum D Saiya
(Employee)
(212 Points)
Replied 05 July 2012
Please refer the link /forum/procedure-for-forming-wholly-owned-subsidiary-of-foreign-co-101782.asp
CA Gnanika
(CA )
(485 Points)
Replied 05 July 2012
But my question is what should i mention in Form 1A, Subsidiary of Foreign Co., or Indian Non- govt Co.,?
sangram ghatge
(company secretary in practice)
(198 Points)
Replied 06 July 2012
u should mention "subsidiary of foreign company" in form 1A.
regds,
sangram
CA Gnanika
(CA )
(485 Points)
Replied 06 July 2012
Thanks Mr Sangram, is there any special procedure to be followed in case of WOS of foreign co.
I mean i know that MOA & AOA of foreign co. has to be attested & submitted while applying for incorporation.
In most of the cases i have found that the WOS of foreign co, are registered as Indian Non govt co.,
Is there any different procedure to be followed if we mention as subsidiary of foreign co,
Thanks & Regards
Gnanika
sangram ghatge
(company secretary in practice)
(198 Points)
Replied 06 July 2012
no other procedure or formalities.
CA Gnanika
(CA )
(485 Points)
Replied 06 July 2012
Would there be any difference if it mentioned as subsidiary of foreign co. or Indian Non Govt co??
When is it a WOS of foreign, then why did ROC approve registration as Indian Non Govt Co.,
Or is this category newly added in the form 1A
Thanks & Regards
Gnanika
CAclubindia
