Establishing an Indian subsidiary business is a good alternative for enterprises looking to grow their operations in the booming Indian market. As per data, till 2023, there are a total of 14,137 active foreign subsidiary companies operating in India. A subsidiary company is a recognized company under the Companies Act of 2013, in which the parent company holds more than 50% of the total capital of the subsidiary company. Parent companies and subsidiary companies have separate financial statements and audits that help them make well-informed decisions. A parent or holding company arranges its subsidiary companies into a tree-like hierarchy structure for better management. In India, the registration of a subsidiary company takes several steps. Each step plays a vital role in its registration; therefore, by understanding and following every step carefully, you can ensure the registration of your subsidiary company is smooth without any errors.