Get Online Indian Subsidiary Registration Now
09/07/2024 Financial & Legal Services
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Description
A sister company, a subsidiary, is controlled by a parent company or holding company. The parent company has the authority to govern the subsidiary, partially or wholly. In India, the procedure for Indian Subsidiary Registration follows the guidelines of the Companies Act of 2013. As per this act, a subsidiary is characterized by a foreign corporate body or parent entity holding at least 50% of the total share capital. Essentially, the parent company wields substantial influence and control over the subsidiary.
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Nikita Patel
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