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If your foreign owned company earns any income from India, it must comply with Indian Income Tax laws. This applies whether you operate through:
* A Private Limited Company
* A Foreign Subsidiary
* A Branch Office / Project Office / Liaison Office
* A Foreign Entity receiving payments from India
Income may arise from services, product sales, consultancy fees, royalties, technical services, fixed place of business, or India-based employees.
Failing to file income tax or TDS properly can lead to heavy financial and legal consequences.
Non compliance with India’s corporate tax rules may result in:
Annual filing based on total income earned in India.
We manage:
Due Date: 7th of each month (payment), quarterly (returns)
Tax must be paid in installments during the year:
We compute projections and ensure timely compliance.
Paying higher effective tax rates than required.
Getting taxed twice by not using DTAA benefits properly.
Not planning taxes in advance, leading to lesser savings.
Facing penalties and late fees for non-filing or delayed compliance.
Receiving avoidable notices from the tax department.
Getting confused about rates of lower deduction of TDS.
The #1 Choice for Income Tax Advisory for Foreign Founders
From bank accounts to government filings, learn what needs to happen after you incorporate to avoid delays and penalties.
Not every requirement applies to every business. Understand the essentials that matter for your specific structure and sector.
Foreign business owners overestimate the cost and complexity of doing business in India. Learn what’s true and what’s not.
5 tax-saving strategies that most founders overlook, all 100% legal.
A custom roadmap to structure your income and expenses smartly all year long.
Spot gaps early with a tax audit and computation in India of your current filings.
Never miss a deadline with this easy-to-follow month-by-month checklist.
MAG has strong expertise in Indian taxation, especially for FDI-based companies in India. They guided us properly on how taxation works, helped us plan, and continuously supported us with ethical tax savings. This has allowed us to protect our profits and grow our company in India.
MAG gave us clear advice on how much tax to pay and what markup to apply on US–India transactions. We avoided overpaying in India, and proper tax planning also helped us stay compliant and avoid any notices from the department.
I always thought Indian taxation was complicated and intimidating, but MAG made everything simple for us. Now, the taxation journey feels easy and efficient.
| Others | MAG |
|---|---|
| ❌ Only offer ITR filing for NRIs with no planning or representation | ✅ End-to-end support including tax planning, filing, and audit representation by expert CA for business tax planning |
| ❌ Miss or miscalculate advance tax, leading to penalties or high taxes | ✅ Accurate advance tax estimates with timely payment reminders |
| ❌ File TDS returns but skip reconciliation or advice | ✅ Full TDS compliance: calculation, payment, return filing, and 26AS review |
| ❌ Upload returns without audit safeguards, risky if scrutinized | ✅ Audit-ready filings with Form 3CD/3CA where required |
| ❌ No post-filing support; you have to manage notices and refunds alone | ✅ Same team handles notices, refunds, and Form 10-IC |
| ❌ Give no advice on DTAA, tax-saving, or structuring | ✅ India tax strategy for foreign startups and businesses aligned with DTAA, shareholding, and business needs |
| ❌ No reminders or calendar; you have to rely on memory | ✅ Custom trackers for TDS, advance tax, and tax calendar |
| ❌ Avoid notice issues or charge extra for representation | ✅ Direct representation before ITD and during scrutiny |
Make tax planning simple with everything you need to file, save, and optimize corporate taxes in India — legally, safely, and strategically.
Download your FREE Guide NOWYes. Every foreign or Indian company must file an annual return regardless of profit or activity.
Foreign Companies:40% + surcharge + cess
Domestic Companies:22% / 25%
LLP:30%
We guide you on choosing the most tax-efficient entity structure.
We’ll need:
-Trial balance and ledger reports
-GST returns and TDS summary
-Bank statements
-Director/shareholding details
–Fixed asset details
We provide a complete checklist and assist end-to-end.
A tax audit is mandatory if:
– Turnover > ₹1 crore
– OR > ₹10 crore if transactions are 95% digital
We handle complete audit documentation and filing.
Yes — we help you optimize double taxation relief and reduce tax burden.
We provide complete tax planning + compliance including:
-Depreciation planning
–DTAA optimization
-Advance tax calculation
-TDS advisory
Penalties include:
-₹5,000 to ₹10,000 late fee
– Interest on outstanding liabilities
-Loss of carry forward losses
-Higher scrutiny risk
Yes — advance tax and TDS review are included in our service.
Prepared by a tax specialist → reviewed by a Senior CA → approved by you.
Absolutely.
Income tax return filing in India for foreign-owned companies and NRIs includes company ITR preparation, computation of taxable income, and filing as per Indian income tax laws.
Indian company tax filing support covers annual ITR filing, tax computation, advance tax review, and ongoing compliance to stay fully aligned with Indian tax regulations.
Tax audit and Form 3CD preparation in India are mandatory once prescribed turnover or transaction thresholds are crossed, and must be handled by a CA for income tax compliance in India.
Our experts will connect with you shortly to answer your questions and guide you with the right solution.
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