WOS Compliance

WOS Compliance Services (Wholly Owned Subsidiary in India)

Setting up a wholly owned subsidiary in India is the easy part. The real work starts after incorporation. A WOS must comply with the Companies Act, FEMA, RBI reporting, taxation, transfer pricing, audits, and ongoing regulatory filings. Missing even one deadline can lead to penalties or blocked foreign investments.

We help foreign parent companies stay compliant, confident, and future-ready in India—without chasing forms or regulators.

What’s Included in WOS Compliance

Company Law Compliance

• Drafting and filing Board & shareholder resolutions

• Maintaining statutory registers and minutes

• Preparation & filing of Annual Return (MGT-7) and Financial Statements (AOC-4)

• Event-based filings like change in directors, capital, office, etc.

FEMA & RBI Compliance

• Annual FLA Return filing

• FC-GPR / FC-TRS reporting, if applicable

• ODI/FDI reporting and advisory

• Monitoring foreign remittances and share allotments

Accounting & Tax Compliance

• Monthly bookkeeping and MIS reporting

• GST, TDS, Income Tax filings

• Statutory audit coordination

• Transfer pricing documentation (if applicable)

Corporate Governance

• Compliance calendar

• Risk & internal control review

• Representation during regulatory notices

When a WOS Must File

• Within 30 days of receiving foreign investment – FC-GPR

• Within 60 days of share transfer – FC-TRS

• By 31st July every year – FLA Return

• Annually – MGT-7, AOC-4, Income Tax Return

• Monthly/Quarterly – GST & TDS, if applicable

• Event-based – corporate changes, capital changes, agreements, etc.

Documents Usually Required

• COI, MoA, AoA, PAN, GST

• Shareholding & parent company documents

• Bank FIRC and KYC reports

• Financials, agreements, invoices, ledgers

• Board resolutions and declarations

Why Compliance Matters

• Avoid late fees, compounding, and prosecution

• Smooth cross-border money movement

• Builds credibility with banks, investors, customers

• Supports future restructuring, fundraising, exits

Who Should Use This Service

• Foreign companies expanding into India

• Global startups testing Indian markets

• Multinationals requiring regular governance support

• Investors planning long-term India operations