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AIR INDIA AIR TRANSPORT SERVICES LIMITED (A WHOLLY OWNED SUBSIDIARY OF AIR INDIA) 1. Air India Air transport Services Limited (FIATS) wishes to engage Servicemen of the rank of Captain(Army)/ Lieutenant(Navy)/Flight
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Gather all necessary documents such as articles of incorporation, business license, and any other required legal documents.
02
Determine the jurisdiction where the subsidiary will be established.
03
Choose a unique and suitable name for the subsidiary.
04
Prepare the subsidiary's bylaws and determine the structure of its corporate governance.
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Obtain necessary permits and licenses to operate in the chosen jurisdiction.
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Prepare the subsidiary's financial statements and projections.
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Establish a bank account for the subsidiary and ensure sufficient funding.
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File all required documents with the appropriate government agencies.
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Comply with all local laws and regulations governing the establishment of a wholly owned subsidiary.

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Companies looking to expand their operations into a different country or market.
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A wholly owned subsidiary is a company that is completely owned by another company, referred to as the parent company.
The parent company that owns the wholly owned subsidiary is required to file the necessary paperwork.
To fill out a wholly owned subsidiary, the parent company must provide detailed information about the subsidiary's ownership, operations, and financial health.
The purpose of a wholly owned subsidiary is to give the parent company full control over the subsidiary's operations and profits, while keeping them legally separate entities.
Information such as financial statements, ownership structure, and any related party transactions must be reported on a wholly owned subsidiary.
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