What are the costs involved in setting up a subsidiary in India?

Below is the details cost analysis for registering a subsidiary in India and managing it.

Subsidiary Company

For all the details like process, documents, labor law, annual compliances and taxation of foreign subsidiary companies – Click Here

Cost for Compliances for subsidiary companies

Monthly and Annual compliances

Services	Monthly services for up to 20 employees	Monthly Services 20-50 employees	Monthly Services 50-100 employees
Bookkeeping and Accounting Book-keeping and general ledger management Accounting and reporting Preparing year-end financial statements	USD 450/month	USD 800/month	USD 1200/month
Monthly Tax Compliances Estimation of quarterly advance income-tax liability and payment of taxes Withholding tax advice Quarterly Withholding tax returns Monthly GST returns
Monthly Payroll Online payroll system with all the functionalities Monthly payroll run Issue of salary slips Tax calculation Answering employees questions
Yearly services
Statutory Audit	USD 750/annum	USD 1000/annum	USD 1500/annum
Secretarial Compliances	USD 500/annum	USD 500/annum	USD 1000/annum
Annual Income Tax Filing	USD 250/annum	USD 750/annum	USD 1250/annum
GST Audit (only if turnover exceeds Rs 2 Crores per annum)		USD 750/annum	USD 1250/annum
FLA	USD 150/annum	USD 150/annum	USD 150/annum
Form 61 for incometax	USD 150/annum	USD 150/nnum	USD 150/annum
Transfer Pricing Study Report and filing		USD 750/annum	USD 1000/annum
Total Yearly	1800/annum	3500/annum	6300/annum