Offshore accounting: what moves and what stays
Which tasks travel well to an India team, which stay with you, and how to set the hand-offs so the month-end keeps to its timetable.
For overseas companies opening a subsidiary, branch or liaison office: the choice of entity, the registrations, the bank account, and a payroll and compliance calendar that works from the first month.
Setting up in India is a sequence of dependent steps. Some sit with the Ministry of Corporate Affairs, some with the income-tax and GST authorities, and foreign investment reporting sits with an authorised dealer bank under the Foreign Exchange Management Act. Missing one holds up the next.
We run the sequence as a project with a single tracker. Documents that must be certified by an independent professional are certified by practitioners you appoint; we prepare, chase and coordinate, and then keep the entity compliant month after month.
Scope: preview, to be confirmed
A plain comparison of a private limited subsidiary, an LLP, and a branch, liaison or project office, against what you plan to do in India.
Name reservation, the incorporation forms, director identification and signatures, coordinated to one timeline.
PAN and TAN, GST where needed, PF and ESI, professional tax, and shops and establishments registration for the office.
Opening the bank account, receiving share capital, and the foreign investment reporting through your authorised dealer bank.
Employment documents, payroll set-up and statutory registrations so the first salaries are paid correctly.
Board meetings, annual filings, tax and labour obligations mapped for the first year and kept live.
Most delays in outsourced work start with an unclear hand-off. These are agreed in writing before the first month.
Certificate of incorporation, constitutional documents and board resolution, notarised and apostilled or legalised.
Identity and address documents for each director, and at least one director resident in India for a company.
An address in India with proof of right to use it.
What the entity will do, so registrations match its activities.
How and when share capital or other funding will arrive.
Named people who can approve and sign on each side.
| Deliverable | When | Format |
|---|---|---|
| Entity comparison note | At start | |
| Set-up tracker | Weekly | Shared sheet |
| Registration certificates and acknowledgements | As issued | PDF folder |
| First-year compliance calendar | Before first payroll | Shared sheet |
| Payroll set-up and first month's run | Month one | As per payroll service |
| Monthly compliance report | Monthly |
The same principles run through every desk. How they apply to your systems is written into the scope. How we handle data
Control statements: to be confirmed
Forms that the law requires a practising professional to certify are certified by practitioners you appoint.
Digital signatures and portal credentials belong to your directors and your entity.
Every step, its owner and its status visible to both sides at all times.
Identity documents are used only for the filings they were collected for.
Every filing is reviewed by a second person before it goes to you for signature.
Which tasks travel well to an India team, which stay with you, and how to set the hand-offs so the month-end keeps to its timetable.
The four codes have been in force since 21 November 2025 and the Central Rules since May 2026. What to check in your wage structure, pay dates, registers and exits.
Anything else? The assistant answers from this website, or send the question with the form below.
It depends on what you will do in India. A subsidiary is a separate Indian company and can do most business. Branch, liaison and project offices need approval through an authorised dealer bank under FEMA and are limited to specific activities.
We prepare and coordinate the filings and track them to completion. Where the law requires certification by a practising professional, that is done by practitioners you appoint.
Yes. Payroll and statutory registrations are set up so the first month's salaries, withholding and contributions are correct.
Share capital received from the foreign parent is reported through your authorised dealer bank. Form FC-GPR is due within 30 days of issuing the shares.
Sends only this page's address and your answer. No name, no email, no cookies.