A foreign company can incorporate a Subsidiary company in India without obtaining any prior approval from the government of India in most of the sectors, to check whether your business activity is covered under automatic route or not, kindly refer to the attached .pdf files, one is about the sectors in which automatic route is not available while another one is a list of sectors where the automatic route of FDI is allowed but subject to certain conditions. kindly get back to us in case you need assistance on this.
In India minimum, two persons are required to act as a promoter of the Indian company and have to continue to hold shares until the company is in existence. The foreign company can be one shareholder and there has to be another person / legal entity to hold at-least one equity share so that the number of a promoter is two. In case the promoters are Individuals then they can physically sign statutory documents on their own, however in case of the company is one of the promoters then following documents are required.
In case a promoter or representative of the foreign corporation visits India in person then the documents which he brings in original or the statutory forms on which he signs in India then there are no requirements of attestation /Apostille. However, color copy (two self-attested sets) of passport, business visa, immigration stamp showing date on which the foreign person entered in India is required.
Charges: for incorporation of a subsidiary company of a foreign company we charge Rs. 15,000 as our professional fee in case all the directors are Indian, However a sum of Rs. 10,000/- is billed an additional fee for each foreign person/entity involved in the incorporation of a company. The government fee is on actual basis. Service tax @ 15% on professional fee.