Foreign Corporate Taxation in India
Taxation Management & Consultants Services to foreign company
Indian Income Tax act has made it mandatory for all foreign remittance towards Interest, dividend, royalty and for services liable for withholding tax under section 195 , to have permanent account number (PAN), issued by income tax department in India.
In the absence of Indian PAN person responsible for remittance need to deduct higher withholding tax of 20.6% or Tax as per section 195 or rates prescribed as per double taxation agreement with the recipient country.
We provide following services for foreign corporate in connection with their business in India :
- Permanent account number (PAN) as per Indian Income Tax act.
- PE registration in India
- 15 CB Certification for remittance out of India
- 3CEB Transfer pricing certifications
- Tax residency certificate issued by Income Tax department
- Filing of Indian Income Tax returns on behalf of foreign corporate.
- Application for exemption from TDS for and on behalf of foreign corporates.
- Representation of foreign corporates, Firms, Individuals before Income tax authorities.
- Registration of Indian Subsidiary, Branch, Representative office, Project office India.
- Business set up services in India.
- All statutory permissions, licenses, and registration in India.
- PE registration in India.
