Services ⇢Setting Up of Business in India

Branch Office

Foreign companies engaged in manufacturing and trading activities abroad are allowed to set up branch offices in India for the purpose of export/import of goods, rendering professional or consultancy services, R&D, promoting technical or financial collaborations, representing the parent company, acting as buying/selling agents, rendering services in IT and development of software, rendering technical support to the products supplied by the parent/group companies. Branch offices could be established with the approval of the government of India and may remit outside India profit of the branch, subject to RBI guidelines after payment of applicable Indian taxes.

Liaison Office/Representative Office

A Liaison Office could be established with the approval of the government of India. The roles of the Liaison Office are limited to collection of information, promotion of exports/imports and facilitate technical/financial collaborations. Liaison office cannot undertake any commercial activity directly or indirectly.

Project Office

Foreign companies planning to execute specific projects in India can set up a temporary project/site office in India for carrying out activities only relating to that project. The Government of India has now granted general permission to foreign entities to establish project offices subject to specified conditions.

Registration of Companies

Businesses wanting to operate in India through a corporate entity would require to setup and register the company with the Registrar of Companies (RoC).

The following services are provided by us in this regard :

•  Advising on implications of operating through a corporate entity, the level of capitalization, statutory compliances etc.
•  Assistance in obtaining name approval from the Registrar of Companies (RoC).
•  Assistance in drawing up the Memorandum of Association & Articles of Association of a Company (MoA & AoA).
•  Registration of the Company with the Registrar of Companies (RoC).
•  Assistance in statutory local registrations under other laws like pan no , vat no , pf registration etc.