Annual Secretarial Compliance

Fee Structure

Foreign Subsidiary
Total : 150000/- INR

Foreign subsidiary are required to maintain compliance under Income Tax, Companies Act, Transfer pricing guidelines and FEMA guidelines and various other regulations. Hence, maintaining compliance for a foreign subsidiary company would include filing of income tax return with the Income Tax Department, annual return with the Ministry of Corporate Affairs and other filings with authorities like Reserve Bank of India or Securities & Exchange Board of India (SEBI). Finally, like all companies, foreign subsidiaries would also have to comply with other Indian tax regulations like TDS regulations, GST regulations, VAT / CST regulations, Service Tax regulations, ESI regulations and others. The compliance requirement for a foreign subsidiary company would vary based on the industry, state of incorporation, number of employees and sales turnover. The India-based subsidiary companies of foreign people and entities also compulsorily require to maintain strict and perfect compliances with all concerned Indian regulatory/Governmental bodies and authorities.

Major Compliances for a Foreign Subsidiary Company

1) Income Tax & Annual Return

2) GST Filing

3) TDS Filing

4) ESI Return

5) Service Tax or VAT

Compliance Services

1) Filing Form FC-1

2) Financial Statements

3) Audit of the Accounts of the Foreign Subsidiary

4) Filing Form FC-3

5) Annual Return

6) Validation/Authentication of the Translated Documents