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Resident Director Requirement for a Foreign Subsidiary in India – Section 149(3) Rules, Options and Costs

Article, India

Resident Director Requirement for a Foreign Subsidiary in India – Section 149(3) Rules, Options and Costs

October 8, 2026

Summary The article explains the resident director requirement in India for foreign-owned companies, including the 182-day physical presence rule under Section 149(3). It clarifies that the test is based on the April to March financial year, with a

Article, India

A Practical Guide to FEMA Reporting Delays, Late Submission Fees & Compounding in India

September 24, 2026

Summary FEMA reporting delays can arise when companies miss deadlines for filings such as FC-GPR, FC-TRS, FLA, or ODI APR. The RBI provides a Late Submission Fee (LSF) route for eligible reporting delays, while more substantive or older

Article, U.A.E.

VAT Compliance in the UAE – 7 Mistakes That Cost Businesses the Most and How to Avoid Them

September 15, 2026

Summary: While the UAE’s 5% VAT rate is straightforward, businesses frequently face steep FTA penalties due to operational and paperwork errors rather than calculation mistakes. Key missteps include misclassifying zero-rated versus exempt supplies, issuing incomplete tax invoices, filing

Article, India

Eligible GCCs Can Lock In a 15.5% Safe Harbour Margin for Five Years

September 4, 2026

Summary Budget 2026 consolidates four IT service categories into a single Information Technology Services bucket for Indian GCCs, setting a reduced flat safe harbour margin of 15.5% and increasing the eligibility threshold to ₹2,000 crore. The updated rules

Article, India

The Complete Annual Compliance Guide for Private Limited Companies in FY 2025-26

August 28, 2026

Summary The article explains the key annual compliance requirements that every private limited company in India must follow, including ROC filings, tax returns, board meetings, and statutory disclosures. It covers major filings such as AOC-4, MGT-7/7A, ADT-1, DIR-3

Article, India

A Practical Guide on How to Appoint a Director in a Private Limited Company

August 24, 2026

Summary Appointing a director in a private limited company requires meeting eligibility, board composition, documentation, and MCA filing requirements under the Companies Act, 2013. The process includes obtaining a DSC and DIN, collecting DIR-2 and DIR-8, securing board

Article, Global

CCFS-2026 Closes on 31 August 2026: What Companies With Pending ROC Filings Need to Decide Now

August 11, 2026

Summary The Companies Compliance Facilitation Scheme (CCFS) 2026 allows eligible companies to clear overdue annual filings by 31 August 2026 at the normal statutory fee plus 10% of the accumulated additional fee for delayed filing. The scheme covers

Article, Singapore

Why Company Tax Residency in Singapore Comes Down to Control, Not Incorporation

July 30, 2026

Summary: Singapore tax residency is determined by where a company’s control and management are exercised, not merely where it is incorporated. IRAS focuses on where strategic decisions are made, weighing factors such as the location of board meetings,

Article, India

What Companies Need to Know about AOC-4 XBRL Filing Before the Deadline

July 3, 2026

Summary XBRL filing under Form AOC-4 is a mandatory but often overlooked compliance step for companies meeting MCA’s thresholds (listed companies, paid-up capital of Rs. 5 crore+, turnover of Rs. 100 crore+, or Ind AS applicability), despite NBFCs,

Article, Singapore

A Comprehensive Guide to Setting Up a Singapore Holding Company in 2026

June 23, 2026

Summary: This article explains how a Singapore holding company can support businesses that are expanding across markets, managing subsidiaries, or centralising ownership. It outlines what a holding company is, the difference between finance and investment holding structures, and

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