Foreign Subsidiary Company

At G K B & Associates, we’re experts in guiding foreign subsidiaries through India’s regulatory landscape smoothly and precisely. We make sure everything is 100% compliant with Indian laws, so you can concentrate on your strategic growth.

Benefits of Annual Compliance for a Foreign Subsidiary

Avoid Penalties & Legal Risks – Stay compliant with Indian corporate, tax, and FEMA regulations.

Maintain Good Standing with MCA & RBI –Essential for smooth business operations in India.

Enhance Global Reputation – Shows credibility to Indian regulators, partners, and investors.

Ensure Smooth Cross-Border Transactions – Compliance is key for foreign remittances and profit repatriation.

Facilitate Future Expansion – Required for approvals, licenses, and investor trust.

Documents Required

1. of Incorporation of Indian subsidiary
2. Memorandum & Articles of Association (MOA & AOA)
3. of the Indian subsidiary
4. Digital Signature Certificates (DSC) of directors
5. Identification Numbers (DIN) of directors
6. Details of parent company (certificate of incorporation, charter documents)
7. List of shareholders and shareholding structure

8. of Board Meetings & Annual General Meeting (AGM)
9. statements – Balance Sheet & Profit & Loss Account (Indian format)
10. report and appointment details
11. Bank statements for the financial year
12. Details of foreign remittances and FDI received
13. Annual return on Foreign Liabilities and Assets (FLA) details
14. GST & TDS return details (if applicable)

Our Compliance Process

Setting Up Your Compliance Calendar

We take a close look at how your subsidiary operates, what compliance tasks are outstanding, and when everything is due. Then, we create a custom compliance calendar for you that covers all your MCA, Income Tax, and FEMA requirements.

Getting Your Submissions Ready

We handle all the necessary filings for you, such as:

Form AOC-4: Submitting audited financial statements
Form MGT-7: Filing the annual return
DIR-3 KYC: Updating director information
Income Tax Return
Form FC-GPR / FC-TRS under FEMA (if it applies to you)
Annual FLA Return to the RBI

Submitting Everything Correctly

We make sure all your documents are submitted accurately and on time to the right authorities – MCA, the Income Tax Department, and the RBI – helping you avoid any potential penalties.

Frequently Asked Questions

What is annual statutory compliance for a Foreign Subsidiary Company in India?

Annual statutory compliance for a Foreign Subsidiary Company involves fulfilling ROC filings, income tax return filing, audit, transfer pricing compliance, FEMA regulations, and other sector-specific compliances as per Indian laws.

Is it mandatory for a Foreign Subsidiary Company in India to file annual returns?

Yes. Every Foreign Subsidiary Company must file Form AOC-4 (financial statements), Form MGT-7 (annual return), income tax return, and other applicable returns with the ROC and tax authorities, irrespective of turnover or business activity.

What are the key compliances for a Foreign Subsidiary Company in India?

The main annual compliances include:

Annual Return (Form MGT-7)
Financial Statement Filing (Form AOC-4)
Income Tax Return (ITR 6)
Tax Audit and Statutory Audit
Transfer Pricing Documentation (if applicable)
FEMA and RBI Reporting (like FC-GPR, FLA return)

Is audit mandatory for a Foreign Subsidiary Company in India?

Yes, all Foreign Subsidiary Companies in India must undergo a statutory audit under the Companies Act, 2013, regardless of their revenue or size.

What are the FEMA and RBI compliance requirements for Foreign Subsidiary Companies?

Foreign Subsidiaries must comply with FEMA (Foreign Exchange Management Act) and file mandatory RBI reports such as FC-GPR, FLA Return, and annual performance reports for foreign investments and transactions.

Foreign Subsidiary Company