About This Plan
Looking to expand and grow your business beyond its present expanse? Start with incorporating a subsidiary. Our experts can help you with this process for a hassle-free incorporation.
Services Covered
- Filing of E-forms
- Name approval
- DSC Class-2 (2 nos)
- Issue of Incorporation Certificate along with PAN and TAN
- Includes Govt Fees & Stamp duty for Authorized Capital upto Rs. 1 Lakh except for the states of Punjab, Madhya Pradesh and Kerala
- GST Registration
- App to manage your business Khata On the Go - Clear App
- Exclusive offers from our Partner
Who Should Buy
- Businesses looking to expand or scale their operations
How It's Done
- Purchase of Plan
- Client to provide details of atleast 1 Resident Indian Director
- DSC Application
- Company Name Reservation with RUN
- Filing of e-Forms with ROC
- Receipt of Incorporation Certificate
Information Guide
Documents To Be Submitted
- Passport size photos of directors
- Address proof of directorsAny one of electricity bill or bank statement or landline bill or mobile bill (not older than 1 month)
- Photo ID proof of directorsAny one of voter ID or Passport or Driver License
- Citizenship proofApplies only if the director is a non-resident
- Specimen signature
- Self declaration about your directorship in other companies
- Rent agreement of your registered office
- No objection certificate from the owner of the property of the property
FAQs
- What is a subsidiary company?
As per Companies Act 2013 (defined under Section 2(87), a subsidiary company in relation to any other company (that is to say the holding company) means a company in which the holding or parent company— (i) controls the composition of the Board of Directors; or (ii) exercises or controls more than one-half of the total share capital; either at its own or together with one or more of its subsidiary companies.
- Does the company need a proven track record to set up a subsidiary?
No, the company does not require maintenance of track record to be eligible to incorporate a subsidiary.
- Can a subsidiary company hold shares in the holding company?
A subsidiary company cannot hold shares in its holding company except under the below mentioned circumstances: 1. As a legal representative, 2. As a trustee, or 3. Where the subsidiary company was already holding shares before it became a subsidiary of the holding company.
- Is it mandatory for the subsidiary to conduct the same business as the holding company?
The subsidiary company may or may not conduct the same business as the parent company. Infact one of the purposes of setting up a subsidiary is to segregate the business structure and create entities with seperate management.
- What is the validity of the registration?
Apart from a wilful application to have its name stuck off from the company register as per the provisions of Section 248(2) of the Companies Act 2013; once the subsidiary