PrePost Establishment Compliance for Foreign-invested Entities
Published: August 2012Compliance requirements include tax compliance, annual activity reporting (for BO and LO), annual compliance and ongoing compliance (such as notifications about major changes in an entity or Foreign Exchange Management Act compliance). Compliance requirements vary by foreign-invested entity type.
No. of Pages: 12 pages
In this issue:
- Compliance Requirements in India by Entity Type
- Tax Compliance
- Annual Compliance and Audit
Foreign-invested entities in India can broadly be split into two types: foreign representation entities (branch offices, liaison offices and project offices) and Indian setup entities (wholly owned subsidiaries, limited liability partnerships and joint ventures). Compliance requirements include tax compliance, annual activity reporting (for BO and LO), annual compliance and ongoing compliance (such as notifications about major changes in an entity or Foreign Exchange Management Act compliance). Compliance requirements vary by foreign-invested entity type - in this issue we discuss compliance for foreign representation entities and wholly owned subsidiaries.