Forming a WOS or a wholly owned subsidiary company in India can be possible by investing in an Indian company to an extent that the parent company is able to gain full possession of all the shares of that particular subsidiary. The Foreign Direct Investment policy of India needs to be understood before you decide to buy the 100% shares of a company in this country. Once all those things are taken care of, the other stages can be discussed and the plan can be taken forward.
There are several steps involved in the process of finally forming a WOS company in India along with a minimum capital of Rs. 1,00,000. The steps begin with applying for the DIN or Director Identification Number. In addition to that there is also a requirement of a DSC or Digital Signature Certificate so that your digital messages and documents can be easily authorized. Once you are able to acquire all the necessary documents and are also able to clear all legal things, you can apply for the name of your company through the forms collected from the registrar. Once your name is approved, you can apply for a certification for your WOS company.
There are several steps involved in the process of finally forming a WOS company in India along with a minimum capital of Rs. 1,00,000. The steps begin with applying for the DIN or Director Identification Number. In addition to that there is also a requirement of a DSC or Digital Signature Certificate so that your digital messages and documents can be easily authorized. Once you are able to acquire all the necessary documents and are also able to clear all legal things, you can apply for the name of your company through the forms collected from the registrar. Once your name is approved, you can apply for a certification for your WOS company.
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