Foreign Subsidiary
GST Rates in India 2025 - List of Goods and Service Tax Rates, Slab & Revision
Goods and Services Tax (GST) rates in India are crucial for every segment of the economy. Every time the GST Council meets, Indian enterprises and consumers alike are watching out for the next set of GST rate changes. India’s GST regime is undergoing ...
Resident Director for Branch Offices and Liaison Offices
? Introduction In today's global economy, international companies often establish a local presence in India through Branch Offices (BOs) or Liaison Offices (LOs). However, Indian regulations mandate the appointment of a Resident Director, ensuring ...
Social Responsibility Initiatives for Foreign Subsidiaries in India
? Social Responsibility Initiatives for Foreign Subsidiaries in India By TAXAJ Corporate Services LLP Foreign subsidiaries operating in India are not just business entities; they are stakeholders in the nation's social and economic development. As ...
Resident Director's Role in Intellectual Property Protection
1. Introduction In the 21st century, intellectual property (IP) stands as one of the most important competitive advantages for corporations. Patents, trademarks, copyrights, trade secrets, and designs underpin innovation, brand value, and the ...
Alternatives to Resident Director Compliance
Foreign companies planning to establish operations in India often encounter a key statutory requirement under the Companies Act, 2013 — the Resident Director requirement. As per Section 149(3) of the Companies Act, every company incorporated in India ...
Challenges and Considerations When Choosing a Resident Director
Appointing a Resident Director is a mandatory requirement under the Companies Act, 2013, for any company incorporated in India. According to Section 149(3), every company must have at least one director who has stayed in India for a minimum of 182 ...
Role of the Resident Director in Board Meetings
Role of the Resident Director in Board Meetings By TAXAJ Corporate Services LLP ? Introduction In the dynamic corporate landscape of India, the role of the Resident Director has become increasingly crucial, especially for companies with foreign ...
Resident Director and Corporate Governance in India
Corporate governance is the system by which companies are directed and controlled. It defines the relationship between the management, board of directors, shareholders, and other stakeholders and aims to ensure that companies are run transparently, ...
Liabilities and Legal Obligations of a Resident Director
? Liabilities and Legal Obligations of a Resident Director ? ?️ A Guide to Corporate Responsibility & Accountability In the vibrant world of business, directors play a vital role as the stewards of a company’s vision, strategy, and compliance. ...
Understanding the Role of a Resident Director in India
In the ever-evolving landscape of corporate governance, the role of a Resident Director in India holds substantial importance—especially for foreign companies aiming to establish a presence in the country. The Indian Companies Act, 2013 mandates ...
Resident Director Requirement for Startups in India
Resident Director Requirement for Startups in India: A Legal Necessity for Compliance Introduction India has rapidly emerged as a startup hub, offering a favorable ecosystem supported by government initiatives, venture capital influx, and a vast ...
Compliance with RERA (Real Estate Regulation and Development Act) in Bangalore
Compliance with RERA (Real Estate Regulation and Development Act) in Bangalore The Real Estate (Regulation and Development) Act, 2016 (RERA) has revolutionized the Indian real estate sector, bringing much-needed transparency, accountability, and ...
Compliance with FEMA (Foreign Exchange Management Act) in Bangalore
?️ Compliance with FEMA (Foreign Exchange Management Act) in Bangalore The Foreign Exchange Management Act (FEMA), 1999 governs cross-border transactions and foreign exchange dealings in India. Bangalore, the Silicon Valley of India, is a hub for IT ...
Director Identification Number (DIN) Application in Bangalore
DIN Number Registration in Bangalore Director Identification in Bangalore (DIN) is a unique 8 digit number that is allotted by the Central Government to any person intending to be a Director or an existing director of a company. It is required for ...
Appointment and Removal of a Resident Director
Appointment and Removal of a Resident Director Directors are the organization's top decision-makers. In addition to serving as a trustee, agent, employee, and officer of the corporation, a director also performs several other duties. Their job is to ...
Income Tax Filing For NRI In India
Income Tax Filing for Non Residential Indians (NRI) We all know that taxes collected from citizens is the foundation of the Indian Economy. NRI Taxation under the Indian Income Tax Act, 1961, applies to those earning outside the home country. The ...
Documents Required for Registration of Company with Foreign Director
Documentation & Details while Incorporating a Company with Foreign Stakeholders or Foreign Company as Holding for Indian Company In the recent years, the Government of India has liberalised its policies for the Foreign Investors whereby they can come ...
Addition of Director in One Person Company
One Person Company (OPC) is a relatively new concept in the Indian Corporate sector, introduced by the Companies Act, 2013. OPC is a type of business entity that allows a single person to start and manage a company. OPC provides the benefits of a ...
How to Remove Managing Director From Company
Remove a Director from the Company Every private company has to have a minimum of two directors, and any public company has to have at least three directors at any given time. Let us look at three possible cases during the removal of a director: ...
Resignation Letter from Director of a company
Resignation of Director in Company A Director in a company may need to resign or the Board may want to remove a Director for a number of reasons. The Director of a Company can resign from the Board by filing a resignation letter with the company and ...
Section 8 Company Director Salary
In a company, there can be many types of directors such as Managing Director, Whole-time Director, Part-time Directors and managers. The remuneration shall be paid to all of the directors in accordance with provisions of section 197 of the ...
Sec 194M – TDS on Resident Contractors and Professionals
The Budget 2019 proposed various changes in the existing sections of the income tax laws. Along with the changes, this budget also introduced some new Sections for TDS such as 194M and 194N. 194M – TDS on payment to resident contractors and ...
Change in Director of an Indian Company
Change in Director Directors are generally appointed as per the applicable provisions of the Companies Act 2013, by the shareholders of the company to ensure that the day to day operations of the company are executed in an efficient manner. They have ...