Compliances on foreign dealings

ABHISHEK GARG (Chartered Accountant) (508 Points)

02 April 2016  

Hello Professinals,

I have an query, that i am having an (OPC) Pvt. Ltd. Company in India and the company is dealing with US Companies & Firms. Our Company is providing services to the Foreign Companies. We are receiving payments/service fees in foreign currency.

Now, my question is what are the compliances i have to check or an auditor will check in context with the Foriegn Dealings i.e. Foreign Payments Received or Providing Services to Foriegn Companies etc etc.

Please Guide.

 

Thanks & Regards,

Abhishek