Cross-Border Corporate Compliance

When foreign companies want to do business in India, they need to think carefully about what kind of legal structure of their entity they want to keep in India. The options involve setting up of:

• Wholly Owned Subsidiaries
• Joint Ventures
• Branch Offices, Liaison Offices, Project Office

The laws, taxes, and rules that apply to each structure are different. Through R Pareva & Company, we help foreign companies pick the right form for their needs based on Indian regulations and their business goals. These are our services:

• Setting up a business entity: We take care of all the paperwork and reports with the Indian government, making sure your entry into the Indian market goes smoothly and legally.
• Approvals from regulatory bodies: For foreign direct investments (FDI), we help get the approvals we need from the Reserve Bank of India (RBI) and other regulatory bodies.
• Legal paperwork: writing and checking contracts, stock agreements, and other important legal papers to make sure they follow Indian law.

Under the Companies Act 2013, once a business is set up in India, it has to keep up with ongoing corporate governance rules. Some of these are filing yearly returns, keeping statutory registers up to date, and having meetings for the board and shareholders. As part of our corporate secretarial services, we provide:

• Annual Filings with the Registrar of Companies (RoC): Filing annual returns and complying other corporate compliances making sure that Indian business rules are followed.
• Corporate Compliances: help running board meetings, writing up minutes, and keeping statutory records up to date.
• Legal updates: keeping an eye on changes to Indian business rules and telling clients what they mean and its applicability on their business.

India's Foreign Exchange Management Act (FEMA) sets the rules for Cross Border Payments for Indian Businesses. These rules cover things like investments, sending gains back to India, and borrowing foreign currency. Foreign companies that do business in India must follow the rules set by FEMA.

We offer all of the following FEMA and RBI compliance services:

• FEMA Advisory:A notice from FEMA about rules for foreign direct investment (FDI), foreign portfolio investment (FPI), and external commercial borrowings (ECBs).
• Transaction advisory: help with returning gains, dividends, and royalties in a way that follows FEMA rules.
• FEMA Filings:Forms and filings for cross-border trades and investments must be made and sent to the RBI through FEMA filings.

Transfer pricing is an important area of compliance for global companies. Indian tax authorities carefully watch deals between people who are related to each other to make sure they are done at arm's length. Not following the rules can result in big fines and tax obligations.

Some of the things we do for transfer prices are:

• Transfer pricing documentation: Creating and keeping records that support the pricing of cross-border deals in line with Indian transfer pricing rules.
• TPAudits: we help our clients answer questions and handle audits from the Indian tax authorities.
• Advance Pricing Agreements (APAs):We help our customers negotiate advance pricing agreements (APAs) with the Indian tax authorities so that they can be sure of their transfer pricing arrangements.

India's corporate tax system can be hard to understand, especially for foreign companies that do business in India and other countries. Our tax compliance services make sure that businesses follow Indian tax laws and also make the best use of their tax situation to lower their expenses.

We offer a wide range of services to help businesses comply with tax laws.

• Filings for Corporate Income Tax:Putting together and sending in corporate tax forms and making sure they are in line with Corporate Taxation inIndia.
• Tax Withholding: Help with withholding taxes on cross-border payments like royalties, earnings, and interest, in line with the DTAA.
• GST compliances:Advice on the Goods and Services Tax (GST), such as how to register, file returns, and collect input tax credits for transactions that take place across borders.

Indian labour laws govern job contracts, wages, working conditions, and employee benefits. Foreign companies that do business in India must follow these laws. If you don't follow the rules, you could face fines and legal consequences.

Our services include:

• Writing up employment contracts: Making sure that employment contracts follow Indian labor rules and ethical standards.
• Employee Benefits Compliance: advice on how to follow the rules for the Employees' Provident Fund (EPF), the Employees' State Insurance (ESI), and other required employee benefits.
• Advice on Labour Disputes: Help settling labour disputes and following the rules set by Indian labour courts.