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Setting up a Wholly Owned Subsidiary (WOS) in India The most preferred route for the foreign companies to enter into the Indian market is to incorporate a Wholly Owned Subsidiary. This obviates the need of an Indian partner, and the foreign company can control the Board of Directors of the (WOS) to the fullest extent. To incorporate a Wholly Owned Subsidiary with 100% FDI, a foreign company, in most of the business sectors, does not need any prior approvals. A Wholly Owned Subsidiary in India is normally a private
limited company. |
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