FC – 3

Annual accounts along with the list of all principal places of business in India established by foreign company

• eForm FC-3 is required to be filed pursuant to Section 381 of the Companies Act, 2013 and Rule 4, 5 and 6 of Companies (Registration of Foreign Companies) Rules, 2014
• Every foreign company is required to prepare and file financial statements within a period of six months of the close of the financial year of the foreign company to which the financial statements relate to Delhi RoC in eForm number FC-3. It shall also prepare and file a list of places of business in India established by a foreign company as on date of the balance sheet in the same form.

• However, the Registrar can extend the said period to not more than three months on application made in writing.
• Enter the Foreign Company Registration Number (FCRN).
• Enter the details of the period for which annual accounts of the company are being filed.
• Enter the date of signing of report by the auditors on the annual accounts of the foreign company pertaining to its Indian operations.

PART A : Balance Sheet

• Enter the details of the current financial year for which annual accounts are being filed and
• Enter the details of the annual accounts of the foreign company like capital, reserves and surplus, secured loans, unsecured loans etc.

• Please ensure that the amount entered in the fields in this eForm should be in Indian rupees (Rs.) only.

PART B : Statement of Profit and Loss (in relation to business carried in India)

• Enter the details of profit and loss of the foreign company in relation to the business carried in India which may include revenue from Indian operations, other income, taxation etc.
• Enter the details of all principal place of business in India as on the date of balance sheet.

• Enter details like date of establishment, type of office, address and description of the business carried on at the principal place of business.

Attachments

• Copy of latest consolidated financial statement of parent company (Mandatory).
• Copy of balance sheet and profit and loss account duly authenticated under section 381(1) (Mandatory).
• Statement of related party transactions
• Statement of repatriation of profits
• Statement of transfer of funds
• Approval letter obtained for every establishment in India by a foreign company
• In case the document is in any other language other than English, certified translation in English language is mandatory

 Fees:

Rs. 6,000

 Please note: I welcome your comments and feedback. This blog post is not a professional advice. Readers may share this post on social media by using buttons given here.