Foreign Subsidiary Company Compliances in India
FOREIGN SUBSIDIARY COMPANY A foreign subsidiary is any company, where 50% or more of its equity shares are owned by a corporation that’s incorporated in another foreign nation. The said foreign company in such a case is termed the company or the parent company. For a corporation to be a far-off subsidiary in India, the corporate itself must be incorporated in India. It doesn’t matter which country the parent company is incorporated in. …