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Every foreign company, as defined under Section 2(42) of Companies Act, 2013 (the Act), is required to get itself registered with Registrar of Companies, New Delhi within 30 days of its establishing a place of business in India in accordance with Section 380 of the Act. Such foreign companies also include those which have a place of business in India established through electronic mode.
This was stated by Shri Arun Jaitley, Minister of Corporate Affairs in written reply to a question in the Lok Sabha today.
Foreign company registration must be completed within thirty days of establishing a place of business in India to ensure compliance. Foreign companies that establish a place of business in India, including by electronic means, must enrol with the Registrar of Companies within the specified short timeframe after establishment, creating a mandatory registration and ongoing compliance duty under the Companies Act.Press 'Enter' after typing page number.