A body corporate incorporated outside India (including a firm or other association of individuals), desirous of opening a Liaison Office (LO) / Branch Office (BO) in India have to obtain permission from the Reserve Bank under provisions of FEMA 1999
The applications from such entities in Form FNC (Annex-1) will be considered by Reserve Bank under two routes
The following additional criteria are also considered by the Reserve Bank while Sanctioning Liaison/Branch Offices of foreign entities:
The application for establishing BO / LO in India should be forwarded by the foreign entity through a designated AD Category – I bank to the Chief General Manager-in Charge, Reserve Bank of India, Foreign Exchange Department, Foreign Investment Division, Central Office, Fort, Mumbai-400 001, along with the prescribed documents including
Reserve Bank has granted general permission to foreign companies to establish Project Offices in India, provided they have secured a contract from an Indian Company to execute a project in India, and
We’ve prepared the ideal package of services for the company type listed above to help you start your business in India. In order to make the process go as smoothly as possible, we’ve prepared a limited list of necessary documents we’ll need so that we can prepare all the rest for you. If you have any questions about these please don’t hesitate to ask.