According to the Companies Act 2013, a subsidiary company is one controlled by a holding company, either independently or in conjunction with other subsidiaries. The parent company primarily holds the majority of shares and controls the subsidiary's board of directors. Foreign subsidiary company registration in Tirupur holds immense significance as it provides an international platform for the parent company, enabling expansion into competitive markets and enhancing the organization's products and services.

Establishing subsidiary companies offers various benefits, especially in countries with lower labor and production costs than the parent company's location. This setup allows for cost-effective manufacturing and service provision, resulting in higher profits. Getting foreign subsidiary company registration in Tirupur holds significant advantages, particularly when acquiring an existing firm to act as a subsidiary, thereby bypassing lengthy and complex procedures. This streamlined process facilitates quicker establishment and operational efficiency.