TaxTMI 
TaxTMI 
We want to close foreign subsidiary company in India. What is the procedure and related forms that need to be filed with MCA?
Closing of Foreign Subsidiary company In India
11 Jan 2016 
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Fast Track Exit offers the simplest route to close a foreign subsidiary in India, alongside share transfer and winding up.
Closing a foreign subsidiary in India may proceed by three principal routes: Fast Track Exit, transfer of shares, or voluntary winding up. Fast Track Exit is the simplest of the three. For voluntary closure, comply with the procedural provisions of the Companies Act currently in force and complete the requisite filings with the Ministry of Corporate Affairs as applicable. (AI Summary)
Closing a foreign subsidiary in India may proceed by three principal routes: Fast Track Exit, transfer of shares, or voluntary winding up. Fast Track Exit is the simplest of the three. For voluntary closure, comply with the procedural provisions of the Companies Act currently in force and complete the requisite filings with the Ministry of Corporate Affairs as applicable. (AI Summary)