How to Register Subsidiary Company in India
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How to Register a Subsidiary Company in India? Subsidiary company is an artificial person who can acquire and alienate property in its name. It can be any property including land, factory, machinery, or other intangible assets. The purpose of registering a subsidiary company is to create a diversified business enterprise that can grow rapidly and sustain a healthy balance sheet. In addition, a subsidiary company is a much better option than a subsidiary for certain reasons, such as being more flexible and allowing for more growth potential.
The first step in the process is to file the application for incorporation. All of the necessary documents must be translated from the language of the parent company into English and notarized. The second step in the process is to file for GSTIN. These forms are usually available online. You can also file for these forms by filling out the proper application forms.
The next step is to obtain a valid business license for the subsidiary. To do this, you will need to register the company with the state in which you will be operating. The registration process for Indian companies requires the registration of a business entity in the state in which the subsidiary is headquartered. The registration process is quite simple and can be completed without a lot of hassles. The only downside is that you must submit a utility bill as proof of the registered office.
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