A
total of 320 foreign companies registered in the country during the
last three years. This was stated by Union Minister of State for
Corporate Affairs Shri Rao Inderjit Singh in a written reply to a
question in Rajya Sabha today.
Giving
more details, the Minister stated that “Foreign Company” is defined
under section 2 (42) of the Companies Act, 2013 (the Act) as any company
or body corporate incorporated outside India which (a) has a place of
business in India by itself or through an agent, physically or thorough
electronic mode and (b) conducts any business activity in India in any
other manner.
The
Minister tabled a state-wise breakup of details of the number of
foreign companies registered in the country during each of the last
three years as under:
|
States |
2018-19 |
2019-20 |
2020-21 |
|
Assam |
0 |
0 |
0 |
|
Andhra Pradesh |
2 |
0 |
1 |
|
Bihar |
1 |
0 |
1 |
|
Delhi |
26 |
28 |
15 |
|
Goa |
1 |
0 |
0 |
|
Gujarat |
2 |
1 |
4 |
|
Haryana |
19 |
22 |
4 |
|
Himachal Pradesh |
0 |
0 |
1 |
|
Karnataka |
7 |
8 |
9 |
|
Kerala |
1 |
1 |
0 |
|
Maharashtra |
42 |
40 |
23 |
|
Manipur |
1 |
0 |
0 |
|
Orissa |
0 |
1 |
1 |
|
Rajasthan |
1 |
2 |
1 |
|
Tamil Nadu |
6 |
7 |
9 |
|
Telangana |
1 |
3 |
2 |
|
Uttar Pradesh |
1 |
8 |
3 |
|
Uttarakhand |
1 |
1 |
1 |
|
West Bengal |
6 |
2 |
3 |
|
Total |
118 |
124 |
78 |
The Minister further stated that revenue earned from foreign companies by States/UTs is not maintained sector-wise.
The
Minister tabled details of fees collected on account of registration
& forms filed by such foreign companies in the country during each
of the last three years as under:
|
Details |
2019 |
2020 |
2021 |
|
No. of Foreign companies registered |
118 |
124 |
78 |
|
Fees collected on account of registration & forms filed by such foreign companies (in Rs.) |
13,58,22,000 |
13,20,03,100 |
7,02,46,6 |