Although all the answers here offer completely logical approaches, none of them worked for me. Then I tried MoveWindow. For some reason I don’t understand, he did the job.
:
[DllImport("user32.dll", SetLastError = true)]
internal static extern bool MoveWindow(IntPtr hWnd, int X, int Y, int nWidth, int nHeight, bool bRepaint);
...
Form childForm = new MyForm();
IntPtr excelHandle = (IntPtr) excelApplication.Hwnd;
SetParent(childForm.Handle, excelHandle);
MoveWindow(childForm.Handle, 0, 0, childForm.Width, childForm.Height, true);