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Foreign Office Registrations

foreign registration

A Foreign Company can be incorporated in India by complying with the provisions of Companies Act, 2013.

Following are the ways through which one can set up Foreign Company

1.As an Indian Company registered under Companies Act, 2013
  • Wholly Owned Subsidiary
  • Joint Venture
2. As a Foreign Company
  • Setting up a Liaison Office
  • Representative Office or a Project Office or
  • Branch Office of the foreign company

Liason Office Registration

A Liaison Office (also known as Representative Office) can undertake only liaison activities, i.e. it can act as a channel of communication between Head Office abroad and parties in India. It is not allowed to undertake any business activity in India and cannot earn any income in India. Expenses of such offices are to be met entirely through inward remittances of foreign exchange from the Head Office outside India. The role of such offices is, therefore, limited to collecting information about possible market opportunities and providing information about the company and its products to the prospective Indian customers. Permission to set up such offices is initially granted for a period of 3 years and this may be extended from time to time by an AD Category I bank.

A Liaison Office can undertake the following activities in India:

1. Representing in India the parent company / group companies.
2. Promoting export / import from / to India.
3. Promoting technical/financial collaborations between parent/group companies and companies in India.
4. Acting as a communication channel between the parent company and Indian companies."


 
     
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