WOS Compliance refers to the legal, regulatory, and statutory requirements that a Wholly Owned Subsidiary (WOS) must follow while operating in India. A Wholly Owned Subsidiary is a company whose entire shareholding is held by another company, generally a foreign parent company. It is commonly established by foreign businesses looking to expand their operations in the Indian market.What is a Wholly Owned Subsidiary (WOS)?A Wholly Owned Subsidiary is an Indian company in which 100% of the shareholding is owned by its parent company, subject to applicable Indian laws and sectoral restrictions. It is generally incorporated as a private limited company and must comply with the Companies Act, 2013, FEMA regulations, and other applicable laws.Important WOS Compliance RequirementsEvery Wholly Owned Subsidiary in India must fulfil various statutory and regulatory obligations, including:Annual ROC…See More

EPR Plastic Registration is an important compliance requirement for eligible businesses involved in plastic packaging, manufacturing, importing, and selling packaged products in India. Extended Producer Responsibility (EPR) makes regulated businesses responsible for managing plastic packaging waste under applicable environmental regulations.Under the Plastic Waste Management Rules, 2016, and subsequent amendments, Producers, Importers and Brand Owners (PIBOs), along with other specified entities, must identify their applicable obligations and obtain registration through the prescribed Central Pollution Control Board (CPCB) or State Pollution Control Board (SPCB) process.Who Needs EPR Plastic Registration?Depending on the applicable rules, eligible producers of plastic packaging, importers of packaged goods, brand owners, and plastic waste processors may need registration and must fulfil relevant…See More

RCMC Registration is an important requirement for eligible exporters in India who want to obtain recognition from the relevant Export Promotion Council or Commodity Board. RCMC stands for Registration-Cum-Membership Certificate. It helps exporters connect with the appropriate export promotion authority and access relevant export-related support, subject to applicable rules and schemes.What Is RCMC Registration?RCMC Registration in India is issued by the relevant Export Promotion Council or Commodity Board, depending on the nature of the products being exported. It serves as evidence of registration with the concerned authority and may be required to access certain benefits under applicable foreign trade policies.Exporters dealing in agricultural products, processed foods, spices, tea, and other specified commodities may need to approach the relevant council or board for…See More

AD Code Registration is an important step for businesses involved in exporting goods from India. AD Code stands for Authorised Dealer Code, a unique code associated with a bank authorised to handle foreign exchange transactions. Exporters generally need to register their bank details with the relevant customs or ICEGATE system to facilitate export-related customs procedures and foreign exchange transactions.What Is AD Code Registration?AD Code Registration is the process of registering the authorised dealer bank's details against an exporter's Import Export Code (IEC) for the relevant customs location. It helps connect export documentation with the bank account used for receiving export proceeds. The applicable registration process and requirements may vary depending on the customs location and current regulations.Why Is AD Code Registration Important?AD Code Registration is useful for…See More