Documents required for foreign company registration

Do you wish to know what are the documents required for foreign company registration. It is to be submitted to Registrar of Companies (ROC) by a foreign company registration together with its annual accounts. Do you wish to seek exemption from making a profit and loss account and balance sheet in such form.

Documents required for foreign company registration ?

Every Foreign Company must file with the ROC in e-form FC-3 its annual accounts duly prepared in the prescribed manner. Duly audited in the prescribed manner as explained under the (Registration of Foreign Companies) Rules, 2014.

Am condition under section 381(1) of the 2013 act states that by Notification. The central government may charged under the act 2013.  The requirements to make profit and loss account and a balance sheet in such form.

The company registration documents as has been prescribed under Rule 4 of the companies (Registration of Foreign Companies) Rules, 2014. It would not apply or would apply subject to such exemptions and modifications as the said notification may provide.

The central government has powers to exempt any Foreign Company or specify various documents for a class of foreign companies or  any foreign company instead of requiring the Foreign Company to translated copies of charter and other documents. Under Rule 4 of the companies (Registration of Foreign Companies) Rules, 2014.

This type of notification may be issued even on the basis of any application from any specific Foreign Company.

Every Foreign Company must file documents required to be assumed following with the companies act 2013.

(a) The company registration documents are involving to copies of integrated with current financial reports of the parent foreign company. It is submitted to the authorized consultant in the country of its registration.

(b) It must be noted that if such company registration certificates are not in English language. There shall be a certified translation is attached in the English language.

It must be noted that in addition to the above. The foreign company must submit the following documents/ details too :

(a) Declaration of associated persons transaction contains:-

(i) name of the person in Indian which shall be considered to be the allied person of clause (76) of section 2 of the 2013 act.

(ii) reason of such transaction

(iii) nature of such relationship

(iv) amount of such transaction through the year with highest, lowest, opening and closing balance in the year.

(v) description and nature of transaction

(vi) a declaration that such transactions were conveyed out at arms length basis

(vii) amount written off or written back to the associated persons

(viii) material causes of such transaction on both parties

(ix) any other points of the transaction is required to know the financial impact.

(b) Declaration of repatriation of profits which shall contain

(i) recipients of the returns

(ii)  amount of profits returns during the year.

(iii)  dates of repatriation

(iv) form of repatriation

(v) mode of repatriation

(vi) informations,  if return made to an authority other than the address of the receiver.

(vii) approval of any other authority or the reserve bank of India .

(c) The other associated person of the foreign company out of India involving its holding, associate and subsidiary company, contain

(i) date of such transfer to the company

(ii) amount of fund received or transferred in that company

(iii) purpose of such transfer is pass to the company

(iv)  mode of receipt or transfer of fund to that company

(v) The company transfer is accept an authorities or Reserve Bank of India.

7. The company registration documents are submitted to the Registrar within six months of the foreign company. Every foreign company must close the financial year  to which the documents is associate. The company registration period is not exceeding three months of their said period.

8. If a foreign company is desirous of obtaining the exemption from making of the application or any such documents. Then the following steps may be taken :

(a) It may hold a Board Meeting and approve the making of the application for the above purpose duly specifying. The special reasons therefore and authorize its representative to make the application to seek the requisite exemption.

(b) If central government grants exemption as sought for or grants exemptions subject to conditions, act accordingly and comply with the conditions.

The above documents required for foreign company registration. If you register a company in Chennai, please visit solubilis.