Foreign Company Compliances In India

Navigating the regulatory landscape in India can be complex for foreign companies. PAAY comprehensive services ensure that your business complies with all the legal, tax, and statutory requirements in India. We offer end-to-end compliance support, allowing you to focus on growing your business without any administrative hurdles.

PAAY Compliance Services Include:

  1. Company Formation & Business Entry Advisory:
    • Identifying the most suitable business structure (Private Limited, Liaison Office, Branch Office, etc.).
    • Formation and registration of business entities.
    • Acquiring necessary licenses and registrations such as GST, Importer Exporter Code (IEC), EPFO, ESIC, etc.
    • Obtaining a Permanent Account Number (PAN) and Tax Deduction/Collection Account Number (TAN).
    • Assistance in the preparation and filing of incorporation documents.
    • Attestation and legalization of necessary documents.
    • Filing applications with the Reserve Bank of India (RBI) through Authorized Dealer banks.
    • FC-GPR filing for reporting foreign investments.
    • Opening a bank account and assisting in KYC verification for the parent company.
  2. Post-Incorporation Compliance:
    • Accounting & Bookkeeping Services: We manage your day-to-day financial records, ensuring accurate bookkeeping and monthly financial reporting to the parent company.
    • Taxation Services: From Tax Deducted at Source (TDS) compliance to Goods and Services Tax (GST) services, we handle all your tax-related needs.
    • FEMA & RBI Compliances: Assistance in foreign exchange management and reporting requirements, including FC-GPR filing and Foreign Direct Investment (FDI) regulations.
    • STPI Services: For companies in the Software Technology Parks of India (STPI) scheme, we ensure compliance with reporting and tax benefits.
    • Auditing & Assurance: We provide statutory auditing and financial assurance services to meet compliance with Indian law.
    • Transfer Pricing: Our experts offer guidance on transfer pricing regulations, helping you maintain compliance with international tax laws.
    • Payroll Services: Comprehensive payroll management, including adherence to labor laws and employee benefit regulations.
    • Labour Law Compliance: Ensure compliance with all relevant labor laws, including provident fund, ESIC, and other statutory requirements.
    • Secretarial Services: We provide ongoing secretarial support for filing annual returns, maintaining statutory registers, and meeting other corporate governance requirements.
  3. Specialized Compliance Services:
    • Foreign Direct Investment (FDI) in India: Assistance with all FDI-related procedures, including compliance with RBI guidelines.
    • FCGPR Reporting: Filing of Form FC-GPR for reporting foreign investments in India.
    • Resident Director Services: For companies requiring a resident director in India, we provide qualified professionals to fulfill this statutory requirement.
    • Registered Office/Virtual Office Services: We offer a registered office or virtual office address in India to meet compliance requirements.
    • Virtual CFO Services: Expert financial management through our virtual CFO services, designed for foreign companies looking to optimize their financial processes.
    • Banking Support Services: Assistance with day-to-day banking operations, including opening bank accounts and managing financial transactions.
    • Corporate & Legal Matters: We provide advisory and consultancy services for corporate governance, contract drafting, and other legal matters to ensure smooth operations in India.
  4. Intellectual Property & Trademark Services:
    • Assistance with the registration of trademarks and intellectual property rights in India.
    • Drafting of charter documents such as Memorandum of Association (MoA) and Articles of Association (AoA).
  5. RBI & FEMA Compliance:
    • We ensure your foreign business is in full compliance with the Foreign Exchange Management Act (FEMA) and Reserve Bank of India (RBI) guidelines, from regulatory reporting to foreign investment handling.

Why Choose Us?

  • Expertise in Indian Regulations: Our in-depth knowledge of Indian regulatory frameworks ensures that your business complies with all legal requirements, reducing the risk of penalties and delays.
  • End-to-End Services: We provide a complete suite of compliance, advisory, and post-incorporation services, offering a one-stop solution for foreign companies entering and operating in India.
  • Tailored Solutions: Whether you are setting up a liaison office, branch office, or wholly-owned subsidiary, we tailor our services to meet the specific needs of your business.
  • Reliable Support: Our dedicated team of professionals ensures timely compliance, freeing you from administrative burdens and enabling you to focus on your core business.