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Private Limited Company Public Limited Company Limited Liability Partnership Section 8 Company One Person Company Nidhi Company

Non-Resident

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Regular Compliance

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Compliance

ITR Filling Services Increase in Authorized Share Capital Change in Name of Company Strike off a company Appointment of Director Change of Objects

Advisory

ESOP Advisory in India Business Valuation Experts Market Study Legal and Tax Structuring Internal Audit Advisory Due Diligence FEMA Consultant and Advisor Business Deck/Information Memorandum Technical Accounting Advisory

Shareholders Agreement (SHA) Share Subscription Agreement (SSA) Share Purchase Agreement (SPA) Joint Venture Agreements Franchise Agreement Founder Agreement

Valuation

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Can a foreign company close/wind up their Indian subsidiary in case they wish to exit?

Question

Can a foreign company close/wind up their Indian subsidiary in case they wish to exit?

Expert Answer

Answered 09 Oct 2026

2 views

Yes, a foreign company can wind up their Indian subsidiary by following proper procedures:

Voluntary Strike-off (Fast Track) - For companies inactive with no assets/ liabilities:

• Only STK 2 form is required and has to be filed with ROC - 3 - 6 months - Least cost option.

Voluntary Liquidation - For companies having assets and liabilities:

• A licensed IP is appointed - 12 - 18 months - More costly option.

Note: All tax dues, PF/ESI, and other compliance obligations must be cleared before closure. Employee dues and gratuity must be fully settled.

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