Annual compliance to be done by foreign company



Quick Summary
Foreign companies operating in India must adhere to specific compliance regulations as defined by the Companies Act, 2013. This includes filing essential documents like the Memorandum and Articles of Association within 30 days of establishing a place of business. Annual financial statements, audited by a practicing CA firm, must be submitted within six months of the financial year's end. Additionally, foreign companies need to display their full name and relevant details clearly and comply with various laws including Income Tax, FEMA, and GST.

There are various compliances that needs to be done by a Foreign Company, however before going into details one needs to understand the term Foreign Company. The word Foreign Company has been defined under Section 2 (42) of the Comapnies Act. It includes a company or a body corporate which is for
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