A Subsidiary Company is also known as a sister company; and the company which practices control over it, is known as the parent company, or holding company. A subsidiary company can be controlled by the parent company partially or completely. What is WOS (Wholly Owned Subsidiary) When one company is 100% owned by another company, it is called Wholly Owned Subsidiary of the company who … Continue reading HOW TO SETUP A SUBSIDIARY IN INDIA
Niti Aayog and the Department for Promotion of Industry and Internal Trade, India are firming up a plan to offer incentives in order to attract companies looking to shift manufacturing from China. This includes 1,15,131 hectares of existing industrial land in Indian states such as Gujarat, Maharashtra, Tamil Nadu and Andhra Pradesh, a report by Bloomberg stated. There is a growing realisation among multinational companies … Continue reading INDIA WELCOMES COMPANIES LEAVING CHINA AFTER COVID-19 PANDEMIC.