A foreign company can also set up its operations in India by forming a wholly owned subsidiary in India in sectors where 100% FDI is permitted under the automatic route or where approval from the FIPB has been obtained for such investment.
A wholly owned subsidiary can be set up as a:
Other than the approval that may be required to be obtained from the FIPB in case of regulated sectors, the procedure for setting up of a subsidiary is same as that of any other private or public limited company.
- Private Limited Company
- Public Limited Company
For More Detailed Company Registration Procedure