Foreign Company, Deposits and Nidhi Compliance — Registered. Returned. Retained.
Compliance for foreign companies and their Indian establishments, for companies accepting deposits or holding exempted receipts, and for Nidhi companies meeting their prescribed conditions.
Book Free ConsultationThree sets of companies sit outside the ordinary compliance calendar. Foreign companies with a place of business in India file their own set of documents and accounts. Companies that accept deposits — or receive money that has to be tested against the deposit rules — carry a separate return and disclosure regime. Nidhi companies operate under conditions specific to them, tested against defined thresholds.
At N D Savla & Associates, we handle all three for clients in Nashik and across Maharashtra, including the initial registration or classification and the returns that follow it each year.
Deposits are where the largest number of companies discover an obligation they did not know they had. Money received from directors, relatives, shareholders or associates has to be tested against the rules to determine whether it is exempt, and the exemption itself carries a reporting requirement. We run that test on the actual receipts rather than on labels in the ledger.
Our Specialised Compliance Services
Foreign Company Registration
Filings for establishment of a place of business in India by a foreign company and the initial documents required.
Foreign Company Annual Filings
Annual accounts, list of places of business and other returns required from a foreign company.
Changes in Foreign Company Particulars
Filings for changes in the charter documents, directors, authorised representatives or offices.
Deposit Rule Assessment
Testing of receipts against the deposit rules to determine what is a deposit and what is exempt.
Return of Deposits
Preparation and filing of the annual return of deposits and exempted receipts with the auditor's certificate.
Deposit Acceptance Compliance
Advisory on the conditions applicable where a company accepts deposits, including disclosures and records.
Nidhi Company Compliance
Returns and compliance with the conditions prescribed for Nidhi companies, including the applicable thresholds.
Nidhi Status & Declaration
Assistance with the declaration and status requirements applicable to Nidhi companies.
Our Compliance Process
Applicability Assessment
We determine which regime applies — foreign company, deposits, Nidhi — and what it requires of the entity.
Data & Receipt Testing
Ledgers, agreements and receipts are tested against the definitions and exemptions in the rules.
Documentation & Certificates
Supporting records, auditor certificates and declarations are assembled for the applicable return.
Return Preparation & Filing
The returns and forms are prepared and filed within the periods prescribed for each.
Condition Monitoring
Thresholds and conditions are monitored through the year so breaches are identified early.
Why It Matters
Frequently Asked Questions
Unsure which of these applies to you?
Send us your structure and receipts — we'll test what applies and handle the returns that follow.
