Once a Wholly Owned Subsidiary (WOS) is incorporated and post-incorporation formalities are completed, it enters into the next phase: ongoing and annual compliance. For foreign companies, it is crucial to recognize that a WOS, being an Indian company, is subject to domestic regulatory, financial, and corporate governance norms, regardless of foreign […]
Key One-time Compliance Post Incorporation Once a Wholly Owned Subsidiary (WOS) is set up in India by a foreign entity and the Certificate of Incorporation (COI) is received, certain one-time compliance requirements must be fulfilled. These initial compliances are essential for the smooth commencement of business operations per Indian regulatory norms. […]
Expanding into India? Setting up a wholly owned subsidiary (WOS) is one of the ways foreign companies can establish a presence in the Indian market.
But what does the incorporation process involve? What are the documentation, timelines, and other considerations?
In this article, we break down the step-by-step process, required documents, timelines, and other factors that foreign companies must consider before incorporating a WOS in India.