Wholly Owned Subsidiary Company Registration in Noida-A complete Guide
Wholly Owned Subsidiary Company in Noida – A Complete Guide
Are you a foreign company looking to expand your operations in India? Setting up a Wholly Owned Subsidiary (WOS) in Noida is one of the most effective and legally recognized ways to establish your business presence in India. Noida, being a growing business hub in the National Capital Region (NCR), offers a strategic location, skilled workforce, modern infrastructure, and excellent connectivity.
This comprehensive guide will walk you through the meaning, benefits, procedure, legal requirements, taxation, and compliance related to forming a wholly owned subsidiary in Noida, India.
What is a Wholly Owned Subsidiary (WOS)?
A Wholly Owned Subsidiary is a company in which 100% of the share capital is held by another company, typically a foreign entity. In India, a WOS can be formed as a Private Limited Company under the Companies Act, 2013.
Why Set Up a Wholly Owned Subsidiary in Noida?
Noida is one of India’s fastest-growing commercial and industrial zones. Here’s why it’s ideal for foreign investors:
- Proximity to New Delhi – Seamless access to the national capital
- IT and Industrial Infrastructure – Home to major IT parks, SEZs, and MNCs
- Skilled Workforce – Access to talented professionals across industries
- Supportive Government Policies – Uttar Pradesh government and central government offer investment-friendly schemes
- Connectivity – Well-connected via road, metro, airport, and expressways
Advantages of a Wholly Owned Subsidiary in India
- 100% foreign ownership permitted under the automatic route (in most sectors)
- Limited liability of shareholders
- Full control over Indian operations
- Can repatriate profits/dividends as per FEMA guidelines
- Recognition as an Indian company, eligible for tax benefits and incentives
- Separate legal identity from the parent company
Procedure to Register a Wholly Owned Subsidiary in Noida, India
The process to incorporate a WOS in India involves the following steps:
- Name Approval – Apply through the MCA portal (SPICe+ Part A)
- Digital Signature Certificates (DSC) – Required for all foreign directors/subscribers
- Director Identification Number (DIN) – For directors of the Indian company
- Incorporation Filing (SPICe+ Part B) – Submit incorporation documents with MOA & AOA
- PAN & TAN – Automatically generated with incorporation
- Opening Bank Account in India – For operational and investment purposes
- Foreign Investment Reporting (FDI Compliance) – File FC-GPR with RBI via FIRMS portal
- Commencement of Business Filing – File INC-20A after receiving capital
Documents Required for Wholly Owned Subsidiary Registration
For Parent Foreign Company:
- Certificate of Incorporation
- Board resolution for incorporation of Indian subsidiary
- KYC of authorized signatory
- Apostilled/Notarized documents (depending on parent country)
For Indian Directors/Subscribers:
- PAN Card & Aadhaar Card (for Indian citizens)
- Passport, Visa, and Residential Proof (for foreigners)
- Recent passport-size photos
- Proof of Registered Office in Noida (Rent agreement/NOC/Utility Bill)
Post-Incorporation Compliance for WOS in India
- FDI Reporting to RBI (FC-GPR within 30 days of share allotment)
- Appointment of Auditor (within 30 days)
- GST Registration (if applicable)
- Annual ROC Filings (AOC-4, MGT-7)
- Income Tax Filings
- Transfer Pricing Audit (if applicable)
- Maintenance of statutory registers and minutes
Taxation for Wholly Owned Subsidiaries in India
WOS in India is treated as a domestic company for taxation:
- Corporate Tax Rate: 22% (plus surcharge and cess) for companies not availing exemptions
- Dividend Distribution: Taxable in the hands of shareholders (parent company)
- Transfer Pricing: Required for transactions with the parent company
- GST and TDS compliance: As per Indian tax laws
FAQs – Wholly Owned Subsidiary in Noida
Q1: Can a foreign company own 100% in an Indian subsidiary?
Yes, subject to sectoral caps and FDI guidelines. Most sectors fall under the automatic route.
Q2: Is physical presence mandatory to open a subsidiary in Noida?
No, the process can be completed remotely with digital documentation and local consultants.
Q3: How long does it take to register a WOS in India?
Typically, 10–15 working days subject to document availability and regulatory approvals.
Q4: Can the parent company appoint foreign directors in the Indian subsidiary?
Yes, at least one director must be a resident in India (staying at least 182 days in India in the previous calendar year).
Why Choose Us for Setting Up Your WOS in Noida?
We offer end-to-end support for foreign companies looking to establish operations in India, we are one of the best and trusted ca firm in Noida :
- Expert Consultation from Chartered accountant in Noida
- Quick Company Incorporation
- RBI & FDI Compliance
- Tax & Accounting Support
- Legal Documentation & Representation
- Office Setup and Business Licenses
Contact Us Today!
Set up your Wholly Owned Subsidiary in Noida with ease and confidence.
Email: info@salujagoyal.in
Call/WhatsApp: +91 7065516300
Website: www.salujagoyal.in
Empower your global vision – establish your footprint in India today.
