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 businesses 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