by Audit Analyst | Dec 3, 2025 | Subsidiary
Permissibility and Operational Flexibility Yes, a subsidiary in India can use the parent company’s accounting software, provided it meets Indian statutory and compliance requirements. There is no restriction under the Companies Act, 2013 or Income Tax Act on the...
by Audit Analyst | Dec 3, 2025 | Subsidiary
Legal Requirements for Registered Office Every subsidiary in India is mandatorily required to have a registered office at the time of incorporation or within 30 days thereafter under the Companies Act, 2013. The registered office serves as the official communication...
by Audit Analyst | Dec 3, 2025 | Subsidiary
Purpose and Relevance Credit ratings assess the subsidiary’s creditworthiness and financial stability for lenders, investors, and regulatory bodies. A credit rating is often mandatory for raising debentures, bonds, or external commercial borrowings (ECBs). It enhances...
by Audit Analyst | Dec 3, 2025 | Subsidiary
Legal Eligibility Yes, a subsidiary incorporated in India is a separate legal entity and is fully eligible to file for patents and trademarks under Indian law. The right to file applications is available under the Indian Patents Act, 1970 and the Trade Marks Act,...
by Audit Analyst | Dec 3, 2025 | Subsidiary
Eligibility Based on Incorporation A subsidiary can register under Startup India if it is incorporated as a Private Limited Company, Limited Liability Partnership (LLP), or Partnership Firm. It must be registered in India and should not have completed 10 years from...
