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Form FNC, UIN, Annual Activity Certificate, profit remittance, compounding and closure for the branch office of your foreign company.
150+ Regular Clients · Chartered Accountants and Company Secretaries · Since 2016
A branch office in India operates under FEMA and the RBI-approved terms of its Form FNC. It must receive funds through banking channels, stay within permitted activities, file an Annual Activity Certificate from a Chartered Accountant with its AD bank each year, and remit profit only after tax with the proper certificates. AU Corporate, a New Delhi firm of Chartered Accountants and Company Secretaries, prepares and files all of this at reasonable fees.
Written and reviewed by Abhishek Jaiin, Chartered Accountant (ICAI Membership No. 544646) · Last reviewed: 9 October 2026
FEMA compliance is separate from company law and tax. A missed certificate or an improper remittance can lead to compounding and delay later transactions. See the Branch Office Registration guide for the eligibility and approval framework this ongoing compliance sits on top of.
AU Corporate keeps a live record of your approval, remittances and filings, and prepares every certificate before it is due.
The FEMA and RBI work a branch office needs, in the order it arises.
Eligibility check, Form FNC and documents for the AD bank or RBI, and the UIN.
Account-opening support and records of every inward remittance from the head office.
Audited accounts and a Chartered Accountant's certificate to the AD bank.
Tax certificates, CA certificate and bank declarations before each remittance.
Forms 15CA and 15CB and tax analysis for fees, royalties and cost allocations.
Fresh Form FNC with the justification for each additional office.
Review of past filings and compounding applications to the RBI.
Winding-up approvals, certificates and remittance of closing proceeds.
Five items to begin. For an existing branch office, we start with a review of what has been filed.
The AD bank or RBI approval letter with the UIN.
Foreign inward remittance certificates for each remittance.
The latest audited accounts of the branch office.
The AD bank contact and the account for foreign remittances.
Constitutional documents and the latest audited accounts of the parent.
What is due, and when. Dates can change by notification, so we confirm those that apply to your branch office.
| When | What | How AU Helps |
|---|---|---|
| Before setting up | Form FNC and approval | Prepared and filed |
| After approval | UIN recorded and bank account opened | Coordinated |
| Each remittance | Inward remittance records; profit remittance paperwork | Prepared |
| By 30 September | Annual Activity Certificate with audited accounts | Prepared and filed |
| When an office is added | Fresh Form FNC | Prepared and filed |
Reasonable fees, confirmed in writing before we start.
Not included: compounding fees payable to the RBI, bank charges, and tax and ROC filings, which are separate services from the same team — see Branch Office Tax, GST and Transfer Pricing and ROC Compliance for Foreign Companies.
Your branch office accounts, tax returns, RBI filings and ROC forms must agree with each other. The same team handles each of them.
Straight answers to the questions foreign finance teams ask most about a branch office in India.
Written and reviewed by Abhishek Jaiin, Chartered Accountant (ICAI Membership No. 544646) · Last reviewed: 9 October 2026
This is general guidance based on Indian law and practice as at the date above. It is not advice for your specific case, and rules can change.
Tell us about your branch office's approval date and remittance history, and our team will confirm the Annual Activity Certificate and filing calendar for your situation.