Globex Holdings Setting Up: Business Presence in India | Page 2

INDIA SUBSIDIARY ... >>

... OR BRANCH OFFICE OR ...
WHOLLY OWNED
JOINT VENTURE
LIAISON
PROJECT
BRANCH
SUBSIDIARY
COMPANY
OFFICE
OFFICE
OFFICE
CHARACTERISTIC Company with
Company
Representative
Temporary
Commercial
entire share
when two
Office with
Site Office
activities
capital owned
or more
no right to
for specific
on behalf
by the foreign
parties jointly
undertake
project only
of the
investor
hold the
commercial
Head Office
share capital
activities in India
OWNERSHIP
Foreign
Joint
Is part of
Is part of
Is part of
company directly
ownership
overseas
overseas
overseas
or through
with other
company
company
company
holding company
partners
structures
STATUS
Domestic
Domestic
Foreign
Foreign
Foreign
Company
Company
Company
Company
Company
CONTROL
Controlled by
Joint Control
Controlled
Controlled
Controlled
its Board of
determined per
by
by
by
Directors
shareholders
Parent
Parent
Parent
agreement
CORPORATE
Parent
Liability of
Parent
Parent
Parent
LIABILITY
not generally
each party
is fully
is fully
is fully
liable , unless
limited to
liable
liable
liable
Permanent
share holding
Establishment is determined
Liability limited to share capital of subsidiary