Setting up Wholly Owned Subsidiary Abroad

You have to go through the norms, rules and regulation of UK, where you want to set up there wholly own subsidiary .You have to take the permission of UK government before set up their wholly own subsidiary

You simply form a company in UK as per its local laws with sole shareholder being the Indian Company.

Just see to it that limit of 400% of net worth of Indian Party is complied with & file form ODI with RBI along with the required documents within 30 days.