Incorporating an Indian subsidiary through AU Corporate costs an Australian company USD 750 to 1,000 all-inclusive for INR 10 lakh share capital, covering Indian government fees and our professional fees up to the FC-GPR filing. Australian-side costs are an ASIC company extract, a notary public, a DFAT apostille for each document and international courier. Capital is usually sent in Australian dollars and converted into rupees. Because the Australian parent closes its year on 30 June and the Indian subsidiary on 31 March, budget for two year-ends in the running costs, which we quote as a fixed package.
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Key facts
| AU Corporate setup fee | USD 750 to 1,000 all-inclusive, for INR 10 lakh share capital |
|---|---|
| Company record | Current ASIC company extract |
| Apostille | Department of Foreign Affairs and Trade (DFAT), one process for the whole country |
| Courier | Originals sent from Australia to India by express courier |
| Funding | AUD or USD remitted and converted into rupees |
| Year ends | Australian parent usually 30 June; Indian subsidiary 31 March |
| Australian GST on Indian services | Reverse charge only where the recipient cannot claim full input tax credits |
| Running costs | Quoted separately as a fixed monthly or annual package |
The fixed fee
USD 750 to 1,000 all-inclusive for INR 10 lakh share capital, confirmed in writing before we start, covering Indian government fees and our work: the FDI check, digital signatures and DINs, name approval, SPICe+ incorporation with PAN and TAN, bank account support, the share issue and FC-GPR. Higher capital or a state with higher stamp duty increases the government component, and we show the effect first.
Australian-side costs
| Step | Provider | Cost note |
|---|---|---|
| Current company extract | ASIC | A small fee per extract |
| Board resolution and constitution | Company secretary or our draft | Internal time |
| Notarisation of the resolution, extract and directors' documents | An Australian notary public | Charged per document or per appointment |
| Apostille | DFAT | A fee per document; DFAT must be able to verify the notary's signature |
| Courier to India | Courier company | International express delivery, typically several days |
DFAT issues apostilles for the whole country, so the process is the same whether the parent is in Sydney, Melbourne or Perth. Use a notary whose signature DFAT holds, otherwise the document comes back. See documents and apostille through DFAT.
Sending Australian dollars
- Capital is remitted in AUD or USD from the Australian parent's bank and converted into rupees in India.
- On larger amounts, the exchange margin costs more than the transfer fee, so compare the bank's rate or use a foreign exchange provider the bank accepts.
- Instruct the bank that all charges are paid by the sender, so the full capital arrives and the share issue matches the money received.
- Shares must be allotted within 60 days of the money arriving, and FC-GPR filed within 30 days after that.
What makes the quote go up
| Factor | Why |
|---|---|
| Share capital above INR 10 lakh | MCA fees and state stamp duty rise with capital |
| Registered office state | Stamp duty differs between states |
| No director resident in India | A professional resident director service is quoted separately |
| No Indian office yet | A registered office service is quoted separately |
| Several foreign directors | More digital signatures, and more Australian notarisation and apostilles |
Running costs across two year-ends
The Indian subsidiary prepares statutory accounts to 31 March, files its tax return and Form 48 for dealings with the parent, and holds its annual general meeting within six months of the year end. The Australian group usually reports to 30 June, so the Indian team also prepares a June reporting pack for consolidation. Monthly bookkeeping, GST and TDS returns, payroll and provident fund once it hires, the FLA return and ROC filings complete the list. We quote the whole calendar as one fixed package. See the compliance calendar.
Costs for the Australian parent
- GST: services the Indian subsidiary supplies to the parent are generally only subject to Australian reverse-charge GST where the parent cannot claim full input tax credits, such as a bank or insurer.
- Transfer pricing: the same intercompany prices must be supported under Australian rules and in the Indian Form 48 report.
- Dividends: dividends from the Indian subsidiary to an Australian company holding at least 10% are generally non-assessable non-exempt income under section 768-5.
- Audit: the Australian auditor may need to review the Indian statutory audit for the group audit.
See Australian parent obligations.
Savings that work
- Notarise and apostille all documents in one batch, with spare certified copies for the Indian bank.
- Keep the first board small.
- Send enough capital at the start for the first year's costs.
- Choose the registered office state with stamp duty in mind where the business allows.
- Agree the intercompany services agreement before the first invoice.
How AU Corporate handles this
AU Corporate quotes a fixed all-inclusive price for the Indian incorporation, provides the Australian document checklist, and can run the subsidiary's accounting, tax, payroll and ROC compliance afterwards, including the June reporting pack for the Australian group.
Related services: India subsidiary registration and accounting, reporting and audit support.
Frequently asked questions
How much does an Australian company pay to set up an Indian subsidiary?
With AU Corporate, USD 750 to 1,000 all-inclusive for INR 10 lakh share capital, plus Australian notary, DFAT apostille and courier costs.
Who issues apostilles in Australia?
The Department of Foreign Affairs and Trade, for the whole country.
Is there a minimum capital?
No minimum in Indian law, but the capital should cover the first months of running costs.
Why budget for two year-ends?
The Indian subsidiary reports to 31 March, while most Australian groups report to 30 June, so the Indian team prepares both.
Does the Australian parent pay GST on services from India?
Only under the reverse charge where it cannot claim full input tax credits, such as a bank or insurer.
Are running costs included in the setup fee?
No. They are quoted separately as a fixed package.
Related guides
Sources
Last updated 3 November 2026. General information only, not legal or tax advice. Indian rules change often; confirm current requirements before acting.