Strategic Compliances for Private Limited Companies in India With Focus on IT, Global Delivery Model
Strategic Compliances for Private Limited Companies in India With Focus on IT, Global Delivery Model
Blog Article
Strategic Compliances for Private Limited Companies in India With Focus on IT, Global Foreign company setup in India Delivery Model
Strategic Compliances for Private Limited Companies in India
With Focus on IT, Global Delivery Models & Export-Oriented Businesses
By Akhil Amit & Associates – Best CA in Pune for Private Limited and Global Compliance
In today's interconnected world, India has emerged as a strategic cost center for many global corporations. Whether you are a SaaS company delivering remote software solutions, a back-office support hub for a US/UK parent, or an export house dealing in consulting, content, or coding—compliance is at the heart of credibility and continuity.
At Akhil Amit & Associates, we specialize in helping such organizations thrive. Our clients often operate in dual-entity models—where the Indian Private Limited Company handles delivery while the foreign entity books revenue. This makes compliances like transfer pricing, PF/ESIC, GST, and FEMA not just necessary, but mission-critical.
This guide is your complete resource—built specifically for companies like yours.
???? Foundational Compliances After Incorporation
✅ INC-20A: Certificate of Commencement
Filed within 180 days of incorporation, this form confirms capital infusion and authorizes the company to start operations. Skipping it may lead to ROC action or penalties.
✅ ADT-1: Appointment of Auditor
Your company must appoint a statutory auditor within 30 days of incorporation. This auditor will certify your annual financials, file reports with the MCA, and support tax filings.
???? Annual ROC & Income Tax Compliances
✅ AOC-4 & MGT-7/MGT-7A
These two filings cover your audited financials and annual return of directorship and shareholding. They're to be submitted within 30–60 days of AGM.
✅ DIR-3 KYC
Every director must annually update their KYC information with the MCA.
✅ ITR-6 & Audit Report
Your company’s Income Tax Return must be filed by October 31st, along with tax audit reports if turnover exceeds prescribed limits. For IT companies, revenue booked via inter-company services or invoicing to foreign clients often falls under Section 92 of the Income Tax Act (i.e., transfer pricing).
???? Transfer Pricing Compliance for Indian Cost Centers
Indian subsidiaries providing services to their foreign parent or group companies must maintain:
Transfer Pricing Study Reports
Form 3CEB certified by a CA
Master File & Local File documentation (if applicable)
We regularly assist companies with:
✅ Contract review and benchmarking
✅ Inter-company pricing alignment
✅ Transactional documentation
✅ Audit-ready submissions
If you're operating in a cost center–revenue center model, don’t take this lightly—non-compliance may result in penalties and double taxation.
???? GST, TDS, and Payroll Filings
✅ GSTR-1 & GSTR-3B
Every GST-registered company must file monthly/quarterly sales returns (GSTR-1) and tax payment summaries (GSTR-3B).
✅ TDS Returns (24Q, 26Q, 27Q)
Applicable if your company deducts TDS on salaries, contracts, or foreign remittances.
We help companies manage quarterly TDS filings, issue Form 16/16A, and reconcile with 26AS/Form 3CD.
✅ PF & ESIC Registration
Especially important for IT/ITES companies scaling their Indian headcount. PF applies once your team crosses 20 employees, while ESIC is mandatory if wages are ₹21,000/month or less.
???? International Export, Remittance & Trade Registrations
✅ IEC (Import Export Code)
This is mandatory if your company exports software services or products—even digitally.
✅ ICEGATE
Required for filing shipping bills or accessing customs documents digitally.
✅ AD Code
Banks issue this code to be registered at ports via ICEGATE. It allows tracking of inward export remittances under FEMA.
✅ IFSC Code Declaration
Mandatory to ensure your export bank account is mapped to DGFT and RBI for seamless credit of proceeds.
We assist clients not just with registrations—but also with export SOP creation, invoice formatting, and FIRC/BRC management to support 100% regulatory compliance.
???? Why We're One of the Best CA Firms in Pune for IT & Export-Focused Pvt Ltd Companies
With clients operating across India, the US, Canada, the UK, and the UAE, we offer deep sectoral expertise across:
SaaS delivery units
Remote engineering teams
BPOs/KPOs
EdTech platforms
FinTech back-end support
Export-based digital service providers
We understand what it means to be compliant in India, yet integrated globally.
That’s why hundreds of clients consider us the Best CA in Pune for:
✅ Private Limited Company Registration
✅ Transfer Pricing Filing & Form 3CEB
✅ GST, ITR, TDS, PF/ESIC Compliance
✅ RBI/FEMA Structuring for Foreign Investments
✅ End-to-End Bookkeeping + Virtual CFO services
Visit our website to explore more: https://akhilamitassociates.com
✍️ Final copyright
If you're running or planning to start a Private Limited Company in India, and your operations involve cross-border invoicing, inter-company contracts, payroll setups, or software exports—you need more than a CA.
You need a partner who understands not just the Companies Act, but also global structuring, compliance planning, and practical execution.
That’s where we come in. Let us help you build a business that’s not just compliant—but future-ready.
???? Visit: https://akhilamitassociates.com
???? See our professional Google listing here: https://g.co/kgs/FaaDHjt
Report this page