A 'foreign company' is not an Indian company with foreign owners
Summary
Per the MCA FAQs of August 2026: a foreign company is incorporated abroad with a place of business in India; an Indian subsidiary of a Korean parent is an Indian company and need not register as a foreign company.
Key points
- Liaison, branch and project offices file FC-1 within 30 days
- New projects normally go in FC-2; a separate site needs a new FC-1
- Yearly FC-3 accounts and FC-4 return
- FC-3/FC-4 due dates not given (to be confirmed)
For Korean companiesSubsidiary and office routes lead to different filings; confirm FC-3/FC-4 due dates in the MCA text if you plan an office.