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of <h1>Foreign Companies Must Register in India Within 30 Days Per 2014 Rules, Adhere to Schedule III Financials</h1> The Companies (Registration of Foreign Companies) Rules, 2014, effective from April 1, 2014, outline the requirements for foreign companies establishing a business presence in India. These rules mandate foreign companies to register with the Registrar of Companies within 30 days of establishment, providing details of directors and secretaries. Financial statements of Indian operations must adhere to Schedule III of the Companies Act, and accounts must be audited by Indian Chartered Accountants. Foreign companies must also file annual returns and maintain a list of business locations in India. The rules stipulate procedures for issuing Indian Depository Receipts and require compliance with relevant Indian regulations.
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