Indian co and us subsidiary

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4 Points Posted on 08 September 2016
can an Indian company have a 100% subsidiary in the US ?
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On 08 September 2016 at 22:26 Report
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Teacher Consultant and CA finalist.
543 Points Posted on 09 September 2016
Yes, obviously can.
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On 09 September 2016 at 10:47
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Management Consultant
1026 Points Posted on 09 September 2016

Yes. it is allowed as per COA as well as RBI master circular

Please refer links 

RBI - https://rbi.org.in/scriptts/BS_ViewMasCirculardetails.aspx?id=9847

 

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On 09 September 2016 at 11:05

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