How long does it take to incorporate an India subsidiary and open its bank account?

Incorporation itself — name approval, SPICe+ filing, PAN/TAN issuance, and Certificate of Incorporation — usually takes 3-6 weeks when documentation is in order and (for foreign promoters) a Power of Attorney structure is used to avoid repeated cross-border signing cycles.

Opening the bank account is a separate timeline. Indian banks apply enhanced KYC to foreign-owned entities, and typically require the Certificate of Incorporation, PAN, board resolution authorising the account, and identity/address proof for all directors and beneficial owners. This step commonly adds another 1-3 weeks, and delays here are usually documentation gaps rather than bank processing time.