• Guide to Establishing a Subsidiary in India
  • December 3, 2003 | Author: Steven S. Levine
  • Law Firm: Fenwick & West LLP - Mountain View Office
  • Businesses in the U.S. continue to move a portion of their development, support and other operations offshore to India, primarily for cost-saving reasons. While a company may initially contract for services with a third party in India, many companies establish their operations in India through incorporation of a subsidiary, a private limited company under the India Companies Act of 1956, as amended (the Companies Act). This memorandum summarizes certain of the legal and administrative issues that a U.S. company (the U.S. company) should consider in establishing an Indian subsidiary.