Foreign-Owned Indian Company Setup in Mumbai — How it works with CorporateWalla®

Foreign-owned Indian company setup — for US LLCs, UK Ltds, Singapore Ptes, UAE companies. RBI-compliant, FEMA-compliant, end-to-end incorporation.

Mumbai is the financial capital of India and home to the highest concentration of CA firms, ROC offices (Mumbai + Pune bench), and banks. Most registrations are filed through the Mumbai (city) or Pune bench of NCLT. Stamp duty on share capital is governed by the Maharashtra Stamp Act and is among the highest in India. The Maharashtra Ready-Reckoner (circle rate) is used for property valuation, and Mumbai property rates are the highest in the country, which directly impacts valuations on Net Worth Certificates and FDI structuring.

Foreign Subsidiary in Mumbai — local notes

FEMA + RBI compliance for Mumbai NRI clients

Most Mumbai offices of major banks (HDFC, ICICI, SBI, Axis) have dedicated NRI + FEMA desks. We coordinate with these desks for Form 15CA / 15CB + remittance + LRS declarations. Mumbai is a major hub for US / UK / Singapore-based NRIs — typical queries are property purchase, foreign investment (US LLC + UK Ltd), and LRS remittance for education / maintenance.

Foreign Subsidiary pricing in Mumbai

3-tier transparent pricing. Government + GST included. Mumbai clients can pay via UPI, card, NEFT, or Razorpay. Maharashtra professional tax is ₹200 (Feb) + ₹250 (Mar) for salary earners; ₹2,500 for businesses with turnover > ₹25L.

starter

₹19,999₹29,999

Timeline: 15–30 days

Pvt Ltd incorporation (foreign-owned)
DSC + DIN for foreign directors
FEMA + RBI documentation
FIRC assistance
PAN + TAN
×Bank account opening (with AD bank)
×FC-GPR filing

standard

₹39,999₹59,999

Timeline: 20–30 days

Pvt Ltd incorporation (foreign-owned)
DSC + DIN for up to 3 foreign directors
FEMA + RBI documentation
FIRC + FC-GPR filing
PAN + TAN
Bank account opening (with AD bank)
1-hour RBI compliance consult

pro

₹79,999₹99,999

Timeline: 30–45 days

Pvt Ltd + branch office + liaison office (your choice)
DSC + DIN for unlimited foreign directors
FEMA + RBI documentation + RBI approval (if needed)
FIRC + FC-GPR + annual FLA Return
PAN + TAN + bank account
Annual FEMA + RBI compliance (1 year)
CA + FEMA attorney

Step-by-step Foreign Subsidiary process

1
Document collection
Foreign parent documents (incorporation certificate, board resolution, KYC of directors).
2
DSC + DIN for foreign directors
Digital signature for foreign directors, DIN application.
3
MCA incorporation
Pvt Ltd incorporation via SPICe+.
4
FEMA + bank
FEMA reporting, FIRC, AD bank account opening.
5
FC-GPR + compliances
FC-GPR filed within 30 days of share subscription.

Documents required for Foreign Subsidiary in Mumbai

Standard checklist. We help you prepare any missing item — for Mumbai residents, this can be done entirely on WhatsApp + email.

Foreign parent incorporation certificate (apostilled / notarized)

Foreign parent board resolution (to incorporate India subsidiary)

Passport copies of all foreign directors (apostilled)

Address proof of foreign directors

Indian registered office proof

Foreign bank account details (for inward remittance)

Why choose CorporateWalla® for Foreign Subsidiary in Mumbai?

Market entry

Legally operate in India with a recognized Indian entity. Eligible for contracts, government schemes, and FDI.

Limited liability

Indian subsidiary's liability is limited to its own assets. Protects the foreign parent.

FEMA + RBI compliant

Stay compliant with RBI's foreign investment rules. Avoid penalties.

Repatriation

Easy to repatriate profits (dividends) to the foreign parent, subject to RBI rules + taxes.

Areas we serve in Mumbai

Foreign Subsidiary services across Mumbai’s key business districts. On-site visit available for bulk / corporate clients.

AndheriBandra Kurla Complex (BKC)Lower ParelNariman PointFortPowaiWorliGoregaonBorivaliVashi (Navi Mumbai)Thane

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Frequently asked questions — Foreign Subsidiary in Mumbai

Q: Do I need RBI permission to set up a foreign company?

A: Yes, Indian residents setting up a foreign subsidiary (LLC, Ltd, Pte Ltd) must comply with ODI (Overseas Direct Investment) rules under FEMA. Form FC is filed with the AD bank, and annual return (Form 49 / FLA return) is filed. The investment is capped at USD 1M per FY for individuals (LRS) or as per the ODI limits for companies.

Q: How do I get foreign subsidiary in Mumbai?

A: Get foreign subsidiary in Mumbai in 3 steps: (1) WhatsApp or call us at +91 72783 76654 with your requirement, (2) we send a checklist + quote + collection link, (3) our CA team files the application in 15–30 days. We serve all of Mumbai — including Andheri, Bandra Kurla Complex (BKC), Lower Parel, Nariman Point and surrounding areas.

Q: Is Foreign Subsidiary online possible for Mumbai residents?

A: Yes — 100% online. Mumbai clients can submit documents by email / WhatsApp / Google Drive, and the application is filed electronically on the relevant government portal (MCA / GSTN / IP India / DGFT / FoSCoS, as applicable). You do not need to visit our office. We also do on-site visits for bulk / corporate engagements in Mumbai.