A foreign company can set up a Private Limited Company as its subsidiary in India. The minimum requirements for incorporating a company in India are –

• It should have a minimum of 2 directors and 2 shareholders. One of directors should be an Indian resident. Finding an Indian resident director becomes a challenge for many foreign companies. Generally, the companies appoint the senior employee or the country manager as its director.

• The incorporation documents including the address proof, identity proof, etc of the foreign shareholders and directors to be notarized and Apostilled/ endorsed at the Indian Consulate in the country where the registered office of the entity is situated.