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Question ID : 28451

To incorporation private limited company as subsidiary of Foreign Company

Singapore base private limited company whose two directors Nationality is Indian but presently resident in Singapore. The Singapore base company wants to form private company in India as Subsidiary of Foreign Company to conduct business in the domain of renewable energy. The Singapore base private company to be held 99 percent share of subsidiary company i.e Non -Individual subscriber base outside India but represented by the one of the director of sigapore base company whose nationality is Indian but presently resident in sigapore not having DIN and 1 percent to be held by the person who resident in India. My Queries are as follows 1. when I fill SPICE INC -32, What kind of documents to be attached and whether to be apostillised from sigapore also same documents to be notarized in India in respect of directors who is presently resident in Singapore but Nationality is Indian. 2. Whether before formation of Company , can RBI permission be taken ?

Posted by Pinaki Maji on Feb 08, 2018

Filed Under Companies Act, 2013