Close your Indian subsidiary with full compliance
Close the Indian subsidiary of a foreign company, including FEMA and tax steps.
- Foreign parents exiting the Indian market
- Groups consolidating multiple Indian entities
- Subsidiaries that never started operations
- Dormant subsidiaries with ongoing compliance costs
Overview
What is Indian Subsidiary Winding Up?
Foreign companies sometimes wind down their Indian subsidiaries after a change in strategy or a regional restructure. Closing one involves company law, tax and foreign exchange rules working together.
Depending on the subsidiary's position, the closure is done through strike-off under Section 248 via Form STK-2, or through voluntary liquidation. Remaining funds can be repatriated to the parent through an authorised bank, subject to FEMA and tax compliance. We coordinate the full process.
Who is this for?
- Foreign parents exiting the Indian market
- Groups consolidating multiple Indian entities
- Subsidiaries that never started operations
- Dormant subsidiaries with ongoing compliance costs
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Benefits
Why get Indian Subsidiary Winding Up done right
Single point of contact
We coordinate company law, tax and FEMA steps for the parent.
Right route
We advise on strike-off versus voluntary liquidation.
Repatriation guidance
We help plan how remaining funds are sent back to the parent.
Compliance clean-up
Pending ROC, tax and FEMA filings are identified and completed.
Clear documentation
Resolutions, affidavits and certified statements are prepared.
Documents required
Keep these handy
Exact requirements vary case to case. Your expert shares a personalised checklist on your first call and checks everything before filing.
Process
How we get it done
A clear, step-by-step process with updates at every stage. Indicative timeline: 4–8 months, depending on the route and approvals, subject to processing by the authority.
Closure review
We review ROC, tax and FEMA compliance and any open liabilities.
Settle obligations
Liabilities and employee dues are cleared and pending returns filed.
Repatriate funds
Remaining funds are sent to the parent through the authorised bank.
File for closure
We file Form STK-2 or start voluntary liquidation, as chosen.
Name struck off
The ROC completes the process and removes the company's name.
FAQ
Indian Subsidiary Winding Up: common questions
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