TaxTMI 
TaxTMI 
WHAT IS THE MINIMUM % OF EQUITY REQUIRED TO CREATE WHOLLY OWNED SUBSIDIARY IN INDIA FOR A NON INDIAN COMAPNY?
ASHOK GUPTA
WHOLLY OWNED COMPANY DEFINITION
ASHOK GUPTA
Wholly owned subsidiary must be entirely owned by the parent company under Indian law, requiring sole equity ownership. A subsidiary is a wholly owned subsidiary only where the parent company holds the entire equity interest in the Indian company, requiring sole equity ownership by the parent with no other equity holders. (AI Summary)