Wholly owned subsidiary setup expenses

J Arora (Director) (24 Points)

17 November 2012  

Dear Concern

We are planning to open "Wholly Owned Subsidiary" in one of the country in Asia and have studied all the guidelines of RBI - FEMA about the Overseas Direct Investment. In most of the details, it is mentioned about the limit of amount can be invested in Wholly Owned Subsidiary.

We just want to understand, Is there any guidelines for initial expenses (like company setup charges, nominee director fee and company secretary charges etc.) to setup a Wholly Owned Subsidiary outside India.

Waiting for reply....

Thanks!