14 June 2016
We are a Public Limited Company, we have recently set up an INC in USA as a 100% subsidiary. What are the compliance requirements in terms of :
1. Reporting to ROC? 2. Reporting to RBI? 3. Any other compliance to be adhered to?
15 June 2016
If a 100% subsidiary is set up, Companies Act will be applicable. However, for all the foreign currency transactions, RBI guidelines has to be complied. Further, FEMA regulations are also needed to be taken into consideration.
15 June 2016
Mam i need to know, if ROC has to be informed regarding the incorporation of INC in USA as a 100% subsidiary of a Public Limited Company incorporated in India?
CAclubindia
