Achieving Social Impact Through Section 8 Company Compliances
Ever wonder how non-profit organizations are able to bring about significant and
Read More- Get your Foreign Company branch office in India
- Work handled by professionals
- Hassle free process
A foreign company cannot simply open a branch in India, there are certain procedures to follow for Branch Office Registration in India, which would give permissions for Opening A Branch Office in India. The company can carry out activities that are permitted only by the RBI (Reserve Bank of India), the branch can pull in turn over to the company only via legal methods and what the company has been committed in doing abroad.
A branch office in India is essentially an extension of a foreign company’s operations that gets established and registered within India. This allows the foreign company to conduct business activities in the country while maintaining its identity as a separate legal entity.
The manufacturing license is not permitted out of the box, but it must be provided only on the request on subcontract basis. This method of Branch Office Registration India is a great way for Foreign companies who are concentrating on the Expanding into the Indian Subcontinent.
The activities of the Branch office should be all under the legal terms of Indian Act. With branch office in certain areas would allow fine-tuned target audience and clearer location driven business activities.
An individual residing outside of India can set up a branch office in India if they meet certain requirements. These requirements include having a track record of making profits for the last five financial years in their home country and having a net worth of at least USD 100,000 or an equivalent amount.
However, there’s an exception for individuals or entities that are not financially strong and are subsidiaries of other companies. In such cases, they can submit a Letter of Comfort from their parent company, as long as the parent company meets the specified criteria for net worth and profit. This letter provides assurance and support for the branch office’s financial activities in India which helps in Annual Compliance for Private Limited Company in future.
Any company from abroad willing to expand into India by setting up a branch office is required mandatorily to submit the profit based previous track record for the verification by RBI.
No, the company cannot be represented with a different name and it must be only represented with the same name as the actual incorporation that exists abroad.
Out the box from registration that is not possible, but can be done via establishing a sub contract which will give the rights for the company to do manufacturing of the products inside India.
The licensing is provided on 3 years basis usually and post that period the branch office should be renewed in order to stay legal.
Satisfied Enterprenuers
Team
Strength
Professional experience
I have registered my PVT LTD company and Trade MARK through UNILEX, had a smooth process and also their price are very reasonable across the industry. Great Work Guys.......
Very professional and committed people for every legal and secretarial services.
Very prompt and dedicated person. Helped a lot throughout the process and ensured things got done in time. Strong recommendation from us.
Excellent service and prompt response. Good in communication and keeps proactively updating the status."
"Really happy to work with professionals, very dedicated and experienced. Good support in GST."
Truly happy with the service as we will be busy with our other works and you people make our requirements fulfilled without trouble. I am satisfied with good service and follow up by team.
Ever wonder how non-profit organizations are able to bring about significant and
Read MoreStarting a business is an exciting endeavor, and in recent years, the
Read MoreThe private limited company registration is one of the most common options
Read MoreUnilex is registered with the Ministry of Micro, Small & Medium Enterprises (MSME), a part of Government of India.
Unilex is a ISO certified body, assuring the quality professional services to aspiring startups
Subject to our terms and conditions, money back is guaranteed if we failed to give 100% customer satisfaction
Unilex is a Google Partner. Google Partners are tasked with helping businesses market their service or products online.
Ever find yourself staring at your computer screen a good consulting slogan to come to mind? Oftentimes.