Indian Subsidiary

Lopamudra in India has a dedicated team of company secretarial, legal professionals

and Chartered Accountants who possess extensive experience in various corporate
laws and commercial / legal documentation. Our team is highly business oriented in
approach and has experience across sectors and the acumen to provide complete
solutions for all corporate secretarial matters.

Registration of Indian Subsidiary

Incorporating a Public Limited Company is a suitable option for large scale businesses
that require huge capital. There should be a minimum of seven members with no limit
on maximum number of members/shareholders for starting a Public Limited Company.

Usually, Public Limited Companies get listed with stock exchanges to raise capital from
the general public. This is why Public Limited Companies have to comply with multiple
regulations of the government and starting a public limited company becomes a
cumbersome process.

Indian Subsidiary?
A Public Limited Company is defined under Section 2(71) of the Companies Act, 2013 as:

● a company which is not a private company

● a company with a minimum paid-up share capital of INR 5 lakhs.

Note : Under the Companies Act, 2013, a subsidiary company shall be deemed to be a
public company if it is not a subsidiary to a private company, even if it is a private company
as per its articles.
 Documents Required for Indian
Subsidiary
Quick checklist

Form-16
Salary Slips
Interest certificates from Post Offices & Banks
Form 16A/16B/16C
Form 26AS
Tax-Savings Investment Proofs
Deductions under Section 80D to 80U

Specific requirements

A Company must have a registered office in India. Documents like bank statement or
electricity bill should not be older than 2 months. Along with that utility bill, rent agreement or
sale deed and a No Objection Letter (NOC) from the landlord with his/her consent to use the
office as a registered office of a company must be submitted.