Foreign co.
This query is : Resolved
22 February 2016
Kindly resolve my query regarding compliance under companies act on the basis of following facts:
1. One Foreign co. with origin in Singapore opened a representative office in Mumbai in 2007 & got registered itself as branch office of foreign co. in ROC. This company never performed any business activities in India. So what are the statutory compliances in
respect of such company?
2. Same foreign co. started a private limited co. in Delhi in the year 2009 with one Singapore Director & one Indian Director with all
shareholding of Foreign Co. This company procures the goods from its parent co. factory in China & trades all through India by
itself & through its dealers. Now what will be the status of this company Indian or Foreign? What will be residential status of co.
in terms of place of effective management because Singapore Director operates from outside India all the time & Indian Director also remains outside
India most of the times?
1. One Foreign co. with origin in Singapore opened a representative office in Mumbai in 2007 & got registered itself as branch office of foreign co. in ROC. This company never performed any business activities in India. So what are the statutory compliances in
respect of such company?
2. Same foreign co. started a private limited co. in Delhi in the year 2009 with one Singapore Director & one Indian Director with all
shareholding of Foreign Co. This company procures the goods from its parent co. factory in China & trades all through India by
itself & through its dealers. Now what will be the status of this company Indian or Foreign? What will be residential status of co.
in terms of place of effective management because Singapore Director operates from outside India all the time & Indian Director also remains outside
India most of the times?
28 February 2016
Mr. Vijay drop me mail on csdiveshgoyal@gmail.com
I will mail you complete list of compliances of the same.
I will mail you complete list of compliances of the same.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GSTR-1A How to update Invoice
- Excess salary payment.
- Capital gain from sale of house property
- TDS on Purchase of Immovable Property by NRI from NRI
- Stamp Paper for partnership firm change new income tax 2025
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- Value of property in capital gain
- Regarding TDS Applicability For Director Remuneration
- FORM 26A APPLICABILITY
- SFT Cash Deposit in Current Account
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
- Updated return in budget 2026
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
