Setting up of Wholly Owned Sybsidiary (WOS)

Foreign companies can set up wholly owned subsidiary companies in India in form of private companies subject to FDI guidelines. A wholly owned or a subsidiary company has the maximum flexibility to conduct business in India when compared with a liaison or branch office and offers following advantages:

  • Funding can be done via equity, internal accruals and debt (foreign or local)
  • Indian transfer pricing regulations apply
  • Repatriation of dividends is allowed without approvals

Services offered: We offer complete business life cycle solutions to the business setting up wholly owned subsidiaries in India. Our scope of service encompasses the following: –

  • Incorporation and matters incidental thereto
  • Initial licenses
  • Tax registration
  • Bookkeeping services
  • Maintenance of statutory records and registers
  • Compliance management for effective compliance of the law of the land
  • Approvals of External Commercial Borrowings (ECB)
  • Resident Director Services
  • Winding up / Exit

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