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Representative Offices

Setting up a Liaison Office in India: Permission to set up a liaison office is granted by the Reserve Bank of India. Permissions are normally granted for a period of three years and can be extended by further request.

Setting up a Branch Office in India: Permission to set up a branch office is granted by the Reserve Bank of India. A Branch office of a foreign company upon approval from the RBI must be compulsorily registered under the (Indian) Companies Act, 1956. Upon registration under the Companies Act, 1956 the branch office can carry on its business activities in the same way as a domestic company. Unlike a liaison office a branch office can generate revenue from the sales in the local market and repatriate the profits to the foreign parent company.

Setting up a Project Office in India: Permission to set up a project office is granted by the Reserve Bank of India. Project offices are those that are set up in India by a foreign company to execute projects which have been approved by the Government of India.

 



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