FC Form Filing

594 views 2 replies

Hello All!
Is FC 1 filing mandatory for Foreign Subsidiary Company. If Yes, please share the format of declaration to be submitted with regard to RBI approval.

Replies (2)

As per 2(42) of the Companies Act, 2013,  "foreign company" means any company or body corporate incorporated outside India which,—

(a) has a place of business in India whether by itself or through an agent, physically or through electronic mode; and

(b) conducts any business activity in India in any other manner.

FC-1 is to be filed by Foreign Companies within thirty days of the establishment of its place of business in India. I don't know what you mean by foreign subsidiary company, but if it doesn't come under the definition above, it is not required to file FC-1.

For details on branch office approval from RBI, please see below link,

Master Direction - Establishment of Branch Office (BO)/ Liaison Office (LO)/ Project Office (PO) or any other place of business in India by foreign entities

Indian Company Regd under Companies Act 2013 will always be Indian Domicile company disregarding 100% investment from out of India , FC 1 is mandatory in case of BO/PO/LO only ...


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
20 June 2026
Chartered Accountant

ANV & Company

New Delhi

CA

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
12 June 2026
Accounts & Taxation Executive

Winshine Financial Services

Mumbai

CA Inter

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 24 June 2026
ARTICLE ASSISTANT

BHUPINDER SHAH AND COMPANY

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 24 June 2026
CA Article Trainee

Rahul Dang & Associates

Pune

CA Inter

View Details