How do I start a subsidiary company in USA?

How to Create a New Company, or Subsidiary, of an Existing…

1. Step 1: Authorize the formation of a subsidiary.
2. Step 2: Choose a business entity type for the new company.
3. Step 3: Draft the company’s formation document under state law.
4. Step 4: File the formation document and fee with the state.

Can I start a company in USA from India?

Any Indian or foreign national can set up either C-Corporation (Company) or LLC (similar to that of LLP) in USA. There is no restriction on the number of owners for a US Corporation or LLC, which country the owners are from or whether they are individuals or other companies.

Can a foreign company open subsidiary in India?

For a company to be a foreign subsidiary company in India, the company itself must be incorporated in India. It does not matter which country the parent company is incorporated in. Compliances are based on many aspects of the company. FEMA (Foreign Exchange Management Act), 1999 – RBI compliances etc.

How much does it cost to start a subsidiary company?

Subsidiaries are often separately-filed LLCs. Between state annual franchise taxes and annual registered agent fees, the cost starts at about $400 per year per LLC.

How do I set up a subsidiary LLC?

LLCs usually form subsidiaries to act as an extension of the parent company to venture into new markets.

1. Choose a name for the LLC subsidiary.
2. Create the subsidiary’s Articles of Organization.
3. Write a subsidiary Operating Agreement.
4. Register the subsidiary with the appropriate government agency.

How can I create LLC in USA from India?

Steps for the Formation of a USA Company

1. Choose the name of the company.
2. You need to provide a registered agent who has a physical address in the state where you are forming a company.
3. Federal Employer Identification Number – This is an optional step.
4. Certificate of Authentication – This is also an optional step.

Can a subsidiary company be a startup?

Business reconstruction Such subsidiaries are ineligible to be recognised as start-ups under the reconstruction clause as per the notification 501(E), which states that any entity formed by splitting up or reconstruction of a business already in existence shall not be considered a start-up.