Services for clients across India. Applicable state, sector and professional requirements are assessed before an engagement.
An India subsidiary is a full citizen of Indian compliance from day one — books, GST, TDS, payroll, ROC, transfer-pricing trails, FEMA reporting — while the parent needs group-format numbers on group deadlines. This engagement runs the Indian entity end to end and reports upward in the language headquarters reads.
When this service is typically required
- A foreign parent has (or is setting up) an Indian private limited subsidiary
- The India entity's compliance is scattered across ad-hoc vendors
- Group reporting needs India numbers monthly, mapped to group charts
- Inter-company flows (services, royalties, loans) need documentation discipline
Indicative scope
- Full books on the group's preferred cloud stack, mapped to group COA
- GST, TDS and payroll compliance cycles run on calendar
- ROC annual/event compliance and statutory registers
- FEMA reporting: FC-GPR history hygiene, annual FLA
- Inter-company invoicing discipline and transfer-pricing coordination
- Monthly group-format reporting pack with India-GAAP bridge notes where needed
Key points at a glance
| Item | Position |
|---|---|
| Reality | India compliance is calendar-dense — the subsidiary needs a system, not a vendor list |
| Reporting | Local books, group formats — the mapping layer is the trick |
| Inter-company | Undocumented parent-subsidiary flows are the classic audit and TP wound |
| One throat | A single engagement owning the calendar beats five specialists owning none |
Deliverables
Closed monthly books with the group pack, all filings with acknowledgements on a visible calendar, inter-company documentation trails, and a quarterly compliance certificate for the parent's records.
Information and documents generally required
Incorporation set, group COA and reporting formats, inter-company agreements, payroll data, and access/authority matrices.
Engagement process
Client responsibilities, assumptions and reliance
Group decisions (pricing of inter-company flows, funding) sit with the parent, advised honestly; TP studies where thresholds demand them are coordinated with the appropriate specialists.
Scope exclusions
Statutory audit (independent by law), TP study documentation itself, and parent-jurisdiction filings.
Frequently asked questions
Can the parent's finance team see everything live?
Yes — cloud books with role-based parent access is the default; opacity serves no one.
GAAP differences — who bridges them?
The monthly pack carries bridge notes for material India-GAAP/IFRS-or-US-GAAP differences so consolidation upstream is mechanical.
What trips subsidiaries most?
Inter-company casualness: services flowing without agreements, funding without instruments, year-end true-ups without paper. The documentation discipline here exists for exactly that.
Our subsidiary is dormant-ish. Lighter mode?
Yes — a maintenance scope keeps a low-activity entity compliant at proportionate cost, and scales up when activity does.
The applicable scope, documentation, professional responsibilities and timelines are agreed in an engagement letter before commencement.
FLA ReturnOutward RemittancesROC ComplianceRequest a Scope DiscussionThis page describes the service in general terms as on 6 August 2026 and is not professional advice or an assurance of any outcome. Registrations, filings, refunds and departmental outcomes depend on facts and the concerned authority. Figures and due dates change; verify current positions before acting.