logo_retina.fw_ (1)logo_retina.fw_ (1)logo_retina_black.fwlogo_retina.fw_ (1)
  • Start Business
    • For Indians
      • Proprietorship Registration
      • Partnership Firm
      • One Person Company
      • Limited Liability Partnership
      • Private Limited Company
      • Public Limited Company
    • For Foreign Owners & Others
      • Indian Subsidiary
      • Liasioning Office in India
      • Branch Office Registration
    • Special Entities
      • NGO Registration
      • Nidhi Company Registration
  • Registrations
    • Tax Registrations
      • Online GST Registration
      • RERA Agent Registration
      • ESI Registration
      • Profession Tax
      • Provident Fund
      • IEC Registration
    • Other
      • Factory Act Registration
      • MPCB
      • MSME
      • STPI Registration
      • OSP (DOT)
      • Shop Act
      • Trademark Registration
      • IT/ITES Subsidy
      • DIC Registration
      • PASARA License
  • Compliances
    • Audit
      • Internal Audit
      • Tax Audit
      • Statutory Audit
      • Co-operative Society Audit
      • Trust Audit
      • STPI Compliances
    • Secretarial Services
      • Company Annual Filing
      • LLP Annual Filing
      • Add Partner LLP
      • Change Director
      • Change Company Name
      • LLP Closure
    • Out Source
      • Income Tax Filing
      • Payroll Outsourcing
      • TDS Return Filing
      • Virtual CFO
  • GST
    • GST Registration
    • GST Audit
    • GST Refund Manufacturer
    • GST Refund Service Exporter
    • Composition Scheme
    • GST Return Filing
  • Import Export
    • EPCG
    • MEIS
    • SEIS Scheme
    • Star Export House
    • Advance Authorization
    • Import at Concessional Rate
    • DGFT Consultancy
    • Factory Stuffing Permission
  • Income Tax Filing
  • Contact Us
✕
Form DIR-3 KYC FY 2019-20
June 30, 2018
DSC Mobile Number Verification 3 Steps
July 5, 2018
Single Master Form

Single Master Form

Single Master Form

On June 07,2018 RBI introduced RBI/2017-18/194 A.P (DIR Series) Circular No.30, regarding filing of information about the companies or LLP who having foreign direct investment in India. This form is about reporting of FDI, filing period for SMF is June 28, 2018 to July 12, 2018. Entities which fails to file SMF will not be able to received foreign investment (including indirect foreign investment) and will be non-compliant with Foreign Exchange Management Act, 1999. Entities need to file two annexures that

  1. Annx 1
  2. Annx 2

Key Points of  Single Master Form

Following are key points for SMF form introduced by RBI

  1. SMF Form Need to be filed online regarding foreign Investment in Company/LLP
  2. Companies not complying with SMF will not be able to receive foreign investment and violation of FEMA
  3. Letter of Authority required for filing SMF form with PAN.
  4. Company/ LLP should also report indirect foreign investment received by it.
  5. Due Date for filing SMF form is 12 July 2018

Key Content of SMF Form 
  1. Details of Authorized signatory such as PAN , Phone number etc.
  2. FCGPR filed or not , if yes that its acknowledgement no.
  3. Details of FDI under various instruments
  4. Date of issue
  5. Whether reporting done to AD banker or not

What is due date for filing Single Master Form ?

Due date for filing Single mater form is 12 July 2018 , form need to be filed online by Director/CS/Designated Partner. Person who we be filing SMF form need to have detail letter of authority from company.  


What is penalty for non filing of Single Master Form ?

For NON Filing of SMF form company/ LLP will not be able to receive foreign investment (including indirect foreign investment) and will be non-compliant with Foreign Exchange Management Act, 1999 and regulations made thereunder.


Definition of Entity  
  • A Company within the meaning of Section 1(4) of the Companies Act, 2013;
  • A Limited Liability Partnership (LLP) registered under the Limited Liability Partnership Act, 2008;
  • A startup which complies with the conditions laid down by Department of Industrial Policy and Promotion.

Share
0
ANBCA
ANBCA

Related posts

VISA CA Networth certificate

VISA CA Networth certificate

April 22, 2023

Networth Certificate For Visa


Read more
CA Certificate for Current Bank Account

CA Certificate for Current Bank Account

March 26, 2023

CA Certificate for Current Bank Account


Read more
Real Estate Rera Agent Training

Real Estate Rera Agent Training

March 21, 2023

Real Estate Rera Agent Training


Read more

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

logo

A. N. Bhutada & Co. is trusted and versatile Chartered Accountant In Pune India. The firm have been providing various services under one roof in the field of Company Registration, Accounts outsourcing, Auditing, GST Audit, Filing in India.

Recent Posts

  • CA Turnover Certificate0
    CA Turnover Certificate
    April 23, 2023
  • VISA CA Networth certificate0
    Networth Certificate For Visa
    April 22, 2023
  • CA Certificate for Current Bank Account0
    CA Certificate for Current Bank Account
    March 26, 2023

Links

  • Online GST Registration
  • Private Limited Company
  • Proprietorship Registration
  • GST Return Filing
  • Tax Audit
  • Income Tax Filing

Newsletter

    Enter your e-mail and subscribe to our newsletter


    © 2023 Betheme by Muffin group | All Rights Reserved | Powered by WordPress