An Indian based subsidiary of any Foreign Company
(as defined under section 2(42) of Comapnies Act, 2013) may have to perform the
subsequent three categories of statutory compliances with Indian regulatory authorities,
mainly:
Periodic Compliance
Annual Compliance
Event Based Compliance
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There is a substantial amount of interest among foreign companies to start their operations in India and tap into one of the largest and fast-growing markets and have access to some of the best human resources in the world. Cities in India like Pune, Bengaluru, Hyderabad, Ahmedabad are becoming popular IT hub for starting an IT company in India.
A Foreign National or an entity incorporated outside India can invest in India and register a Company in India by acquiring shares of the company, subject to the FDI Policy of India. Once operations are started, repatriation of funds is easy and quick.
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