Subsidiary Company Registeration

Subsidiary company is a company which is either wholly or partially owned by another company within domestic boundaries termed as subsidiary company. The company who take stake in the another company of 50% or more then that company called as Holding or parent company of and whose shares are purchased termed as subsidiary.

Submit to get Subsidiary Company Registeration

Helps in management of risk

Can expand more in the market

Opportunities to enter into new market segment

Build the Brand Recognition of the company

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Benefits

Subsidiary Company Registeration Service Details

Company Registration Process: -

Registration of company include several steps

Documentation and passing of Board resolution
Drafting of Power of Attorney
Acquire a Digital Signature Certificate (DSC)
Director Identification Number (DIN)
Name Reservation of the Company i.e., Spice+ Part A
Submission of Company details i.e., Spice+ Part B
Preparation and submission of Incorporation forms (INC-33 MOA, INC 34 AOA, INC 35 Agile Pros, INC-9)
After all the process we will get the Certificate of Incorporation (COI) and other ancillary documents.
Post incorporation compliances.

Now Let’s discuss in details what include in every step and how we proceed with that

Collect document related to parent company i.e., MOA, AOA, COI, Details of all the directors along with DIN KYC etc. and then they had to pass a Board resolution for forming a subsidiary in India with the proposed name of company.
Power of attorney will be prepared by a Parent company about incorporating a subsidiary if you need the help of expert we are there for the same.
We have to check whether every director have DSC or not if yes then we have to collect the same if not then we have to make Digital Signature first, because every work is electronically so every director is requiring to sign every form electronically through DSC. Documents required for Individual DSC making is Aadhar card, PAN card, Bank statement, photograph of director. For DSC you can refer our DSC service tab for more information.
We have to know whether the Director has existing DIN or not, if yes then we have to collect the required information of the director that in which company he has interest and how much he holds shares in the company.
Then after all that we are going to reserve the name of company by filing the form Spice+ Part A and it took 3 days for getting the name reserve and after that we have 21 days to incorporate a company.
Meanwhile, in between the 3 days of name approval we will make other necessary documents like DIR-2, Noc for registered office etc.
After the name approval we will file details in Spice+ Part B form which include details of shares, subscribers, directors, registered office, PAN TAN codes, etc and submit the form after signing of all the forms by every director and shareholders.
After submitting the form, we have to prepare INC 33 i.e., Memorandum of Association, INC 34 Article of Association, INC 9 details of Subscribers and Directors, INC 35 Agile PROS.
And then we have to submit all the forms and wait for the approval by the Registrar of Companies.
After getting we have to done post incorporation compliances like ADT-1, INC-22, INC-20A, GST registration etc.

Documents Deliverables are: -

Certificate of Incorporation (COI)
Memorandum of Association i.e., INC 33
Articles of Association i.e., INC 34
Agile PROS i.e., INC 35
Details of Subscribers and Directors i.e., INC 9
PAN Card of company will be shared over mail by MCA Department
ESI/PF credentials will be shared over mail by MCA Department
TAN Card of company will be shared over mail by MCA Department

Time Taken to incorporating a company is 8-10 days

Why Choose HireYourCA?

There are several reasons why HireYourCA stands out as your go-to partner for business registrations and compliance:

Experienced and Qualified Team: Our CAs possess extensive knowledge and expertise.

Seamless Service: We handle the entire process, keeping you informed at every step.

Cost-Effective Solutions: Competitive pricing ensures value for your money.

Client-Centric Approach: We prioritize your needs and offer personalized guidance.

Technology-Driven Platform: Our user-friendly online platform enables easy tracking and access to documents.

Transparency and Trust: We maintain complete transparency and adhere to the highest ethical standards.

Eligibility

First condition is to incorporating a subsidiary in India is you require at least 2 members and 2 directors for private limited subsidiary and for Public Limited it will be 7 members and 3 directors and both the directors and shareholder can be the same.
Maximum number of members in a subsidiary private limited company can't exceed is 200 members and no limit for public limited company
15 directors as per the companies act, 2013 but which can be increased later by passing a resolution.
At least One director must be resident of India among all.
Director must be major and not of unsound mind and incapacity to do the task as per the law.
Company must have a registered office situated in India.
There is no minimum capital requirement for incorporating a company in India.
They have to comply with all the regulatory and legal compliances with ROC.
Company must have a legitimate purpose to run the business.
Holding company must have a stake of at least 50% in subsidiary company.

Documents Required for Subsidiary Company Registeration

Now let’s Discuss about the documents need for registering a Foreign Subsidiary company in India.

First of all, documents required related to the director/ shareholders of company are

Educational qualification that they had completed till now or pursuing,
KYC Documents i.e., Aadhar Card, Pan Card, Photograph of all the Directors, Mail I’d & Mobile Number of all the directors, Bank statement of all the directors, DIN if having with any director.
Digital signatures certificate of all the directors and shareholder if they are different.
Declaration by the Director under form number DIR-2 about the consent of becoming director and enclosing the Directorship or holding of any interest in any company.

Now secondly, we need documents related to the company i.e.,

4 proposed names of the company going to incorporate. Why we are asking for 4 names because if any resubmission or issue arise alike that then we can use 2 other alternate names for the company incorporation.
Share capital of the company clearly stating the share of every shareholder in the said capital.

Now lastly, we need the documents related to the registered office of the company i.e.,

No objection certificate for the registered office from the owner of property stating clearly of having no issue for taking registration at that place.
Rent Agreement required if the property is not on the name of company going to incorporate.
Latest electricity bill or any other utility bill is required for the proof of address office of company but it can’t be older than 2 months.

Holding Company Documents

Memorandum of Association
Articles of Association
Certificate of Incorporation
PAN of the company

Note: - For Foreign Nationals Notarized documents, passport-sized photograph, passport and address proof.

Benefits Of Getting Subsidiary Company Registeration

New Markets: - Wide access to the new markets and help to increase the growth of company.

Brand: - It helps to build the Brand Recognition of the company.

Control: - Parent company had full control over the rights and obligation of the subsidiary.

Resource: - Parent company can share it's resource with the subsidiary company if needed.

Risk Management: - It helps to manage the risk efficiently.

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