A total of 320 foreign companies registered in the country during the last three years. This was stated by Union Minister of State for Corporate Affairs Shri Rao Inderjit Singh in a written reply to a question in Rajya Sabha today.

Giving more details, the Minister stated that “Foreign Company” is defined under section 2 (42) of the Companies Act, 2013 (the Act) as any company or body corporate incorporated outside India which (a) has a place of business in India by itself or through an agent, physically or thorough electronic mode and (b) conducts any business activity in India in any other manner.

The Minister tabled a state-wise breakup of details of the number of foreign companies registered in the country during each of the last three years as under:

States	2018-19	2019-20	2020-21
Assam	0	0	0
Andhra Pradesh	2	0	1
Bihar	1	0	1
Delhi	26	28	15
Goa	1	0	0
Gujarat	2	1	4
Haryana	19	22	4
Himachal Pradesh	0	0	1
Karnataka	7	8	9
Kerala	1	1	0
Maharashtra	42	40	23
Manipur	1	0	0
Orissa	0	1	1
Rajasthan	1	2	1
Tamil Nadu	6	7	9
Telangana	1	3	2
Uttar Pradesh	1	8	3
Uttarakhand	1	1	1
West Bengal	6	2	3
Total	118	124	78

The Minister further stated that revenue earned from foreign companies by States/UTs is not maintained sector-wise.

The Minister tabled details of fees collected on account of registration & forms filed by such foreign companies in the country during each of the last three years as under:

Details	2019	2020	2021
No. of Foreign companies registered	118	124	78
Fees collected on account of registration & forms filed by such foreign companies (in Rs.)	13,58,22,000	13,20,03,100	7,02,46,600

 

Foreign company registration: definition and statewise registration and fee reporting for foreign entities operating in India. Foreign Company registration in India: 320 foreign companies registered over the three-year period. A Foreign Company is an entity incorporated outside India that has a place of business in India (directly or through an agent, physically or electronically) and conducts business activity in India. The document provides a statewise annual breakdown of registrations and a separate table of fees collected for registration and filed forms, and notes that State/UT revenue from foreign companies is not tracked sector-wise.