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Procedure for Formation of Company in India
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Branch in India
Foreign
companies engaged in manufacturing and trading activities abroad are
allowed to set up Branch Offices in India for the following purposes:
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Export/Import
of goods
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Rendering
professional or consultancy services
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Carrying
out research work, in which the parent company is engaged.
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Promoting
technical or financial collaborations between Indian companies and
parent or overseas group company.
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Representing
the parent company in
India and
acting as buying/selling agents in India.
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Rendering
services in Information Technology and development of software in
India.
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Rendering
technical support to the products supplied by the parent/ group
companies.
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Foreign
airline/shipping company.
A branch office is not allowed to carry out manufacturing activities on
its own but is permitted to subcontract these to an Indian manufacturer.
Branch Offices established with the approval of RBI, may remit outside
India profit of the branch, net of applicable Indian taxes and subject to
RBI guidelines Permission for setting up branch offices is granted by the
Reserve Bank of India (RBI).
Branch office on
'Stand Alone basis" in India
Stand Alone Branch Offices are isolated and restricted to the Special
Economic Zone (SEZ) alone and no business activity/transaction is allowed
outside the SEZs in India, which include branches/subsidiaries of its
parent office in India.
No approval is necessary from RBI for a company to establish a
branch/unit in SEZs to undertake manufacturing and service activities
subject to specified conditions.
Liaison Office/Representative Office
A Liaison Office could be established with the approval
of the government of India. The role of Liaison Office is 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 offices 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.
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Procedure for Formation of
Company in India
Incorporating a Company in India
Forming Subsidiary in India
Opening Branch Office in India
Annual
Corporate Filings in India
Starting a Business in India
Doing Business
with India- Free Guide for Foreigners
Laws of Doing Business
with India
Joint Ventures in India
FDI in India Sector wise Guide
Corporate
Compliance in India
Outsourcing to India
Legal Outsourcing
Outsourcing Agreements
Patents in India
Trademarks in India
Tax Rates in
India
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