Apply for Foreign Subsidiary Company Registration in Coimbatore with Shoplegal. A foreign subsidiary company is a business partially owned by a parent company situated in a different country. For instance, if a company incorporated in the USA conducts business operations in India, it becomes a foreign subsidiary company in India. While the foreign subsidiary must adhere to local regulations in India, it doesn't need to follow the rules applicable to its parent company's country.

India is an attractive investment hub for NRIs, foreign nationals, and companies due to its numerous business opportunities. This makes Foreign Subsidiary Company Registration in India more prevalent than in other countries. Subsidiary companies established outside India but operating within the country are termed as public limited or private limited companies.

To establish a business presence or subsidiary company in India, a foreign entity needs to incorporate the joint venture (wholly-owned subsidiary) under the Companies Act, 2013. Additionally, setting up branch offices is essential to conduct business activities in compliance with the Foreign Exchange Management Rules, 2000.