Monthly Accounting & Compliance for Foreign Subsidiaries in India

End-to-end bookkeeping, indirect tax, TDS and statutory compliance for US, UK & European companies operating in India.
Clear processes, predictable timelines and a dedicated team.We ensure every capital inflow, share allotment and regulatory filing is completed correctly and on time.

⭐ 1. Why Foreign Subsidiaries Need Structured Monthly Compliance in India

Foreign-owned companies operate differently from domestic businesses.
You have overseas leadership, cross-border transactions, transfer pricing, foreign currency remittances, and a higher expectation of controls and documentation.

Your India entity must meet:

  • MCA compliance

  • Income tax compliance

  • TDS compliance

  • GST compliance

  • FEMA/FDI requirements

  • Statutory audit standards

Our role:
We run your entire India compliance cycle every month — accurately, on time, and without surprises.

⭐ 2. What You Get Every Month (Full Scope)

A. Monthly Accounting

  • Bookkeeping in Zoho Books, QuickBooks, or Tally

  • Vendor invoice processing

  • Expense categorisation

  • TDS applicability checks

  • GST input validation (2B-based)

  • Bank reconciliation

  • Intercompany reconciliation

  • Accruals and month-end closing

  • Fixed assets register (as applicable)

B. GST Compliance (Monthly / Quarterly)

  • Review of outward supplies

  • Reconciliation with books

  • GST return filing (GSTR-1, GSTR-3B)

  • GST input reconciliation (GSTR-2B)

  • Notification on reversals and eligibility

  • Support for refunds, if any

(External Official Link)
GST filings are made through the GST Government Portal.
https://www.gst.gov.in/

C. TDS Compliance

  • TDS applicability review

  • Monthly TDS deductions

  • Challan payments

  • Return filing (Form 24Q, 26Q)

  • Form 16 and 16A preparation

  • Vendor TDS advisory

(External Link)
We use the official Income Tax Portal for filings.
https://www.incometax.gov.in/

D. ROC & Statutory Compliance

  • Annual return filing

  • Board meeting documentation

  • Statutory registers maintenance

  • Auditor appointment support

  • Event-based filings

(External Official Link)
All ROC filings occur on the MCA Portal.
https://www.mca.gov.in/

E. Cross-Border & Foreign-Owned Entity Support

  • Intercompany agreement review

  • Reimbursement checks

  • Foreign payment TDS applicability

  • Transfer pricing documentation coordination

  • FEMA review

  • FC-GPR/FC-TRS coordination with the FEMA team

⭐ 3. Monthly Process (Clear and Predictable)

Step 1 — Document Collection

Statements, invoices, and data from your team.
(Email, Dropbox, Drive, or your internal tools.)

Step 2 — Bookkeeping & Reconciliation

We update books in Zoho/Tally/QuickBooks and perform:

  • TDS checks

  • GST validations

  • Bank reconciliation

  • Vendor ledgers

  • Intercompany reconciliations

Step 3 — Monthly Review with You

You get:

  • MIS summary

  • TDS payable

  • GST payable

  • Key issues or risks

  • Cash flow projection (optional)

Step 4 — Tax Filings

We complete:

  • GST returns

  • TDS deductions & challans

  • TDS returns

  • MCA compliance (as applicable)

Step 5 — Compliance Calendar Tracking

We monitor all due dates (monthly, quarterly, annual) so you never miss a deadline.

⭐ 4. Why Foreign Companies Choose KRPR

Because foreign-owned Indian companies require a different level of discipline and clarity.
We specialise only in this niche.

What makes KRPR unique:

  • Boutique, founder-led CA firm

  • 6 CAs, 3 CS, 2 Lawyers, 20 Accounting/Tax experts

  • Dedicated foreign-subsidiary accounting teams

  • Masters in Zoho Books, QuickBooks & Tally

  • Strong documentation & audit preparedness

  • Transparent workflows & accountable processes

  • Monthly MIS for overseas leadership

  • FEMA + FDI + transfer pricing integrated

This is not “outsourced bookkeeping.”
This is structured India compliance for foreign companies.

⭐ 5. Who This Service Is Perfect For

Foreign-owned companies that:

  • Have development or engineering teams in India

  • Run SaaS, IT, digital, CRO, or back-office operations

  • Need clean monthly books

  • Need predictable India compliance

  • Need coordination with their foreign HQ

  • Expect audit-ready documentation from day one

⭐ 6. Checklist — What We Need From You Monthly

  • Bank statements

  • Expense invoices

  • Vendor list

  • Employee list (for TDS)

  • Intercompany transaction details

  • Any new contracts or agreements

  • Monthly income details (if applicable)

We handle the rest.

Schedule a discovery call with an Expert

Write us a mail on rohit@krprasociates.com and we will setup a no obligation call with an expert and address all your quesries

Contact Now

FAQs

1. Do you work only with foreign-owned entities?

Yes, this is our core niche.

Yes, for monthly review calls and coordination with HQ.

Zoho Books, Tally, and QuickBooks — depending on your group’s preference.

 

Yes, including all documentation and schedules.

Yes, but payroll has a separate page and team.

Enquire Now