Opening Of Foreign Branch/Project Office/Foreign Sub.
PROJECT OFFICE
General Permission Reserve Bank Has Granted General Permission To Foreign Companies To Establish Project Offices In India, Provided They Have Secured A Contract From An Indian Company To Execute A Project In India, And
The Project Is Funded Directly By Inward Remittance From Abroad; Or
The Project Is Funded By A Bilateral Or Multilateral International Financing Agency; Or
The Project Has Been Cleared By An Appropriate Authority; Or
A Company Or Entity In India Awarding The Contract Has Been Granted Term Loan By A Public Financial Institution Or A Bank In India For The Project.
However, If The Above Criteria Are Not Met, The Foreign Entity Has To Approach The Reserve Bank Of India, Central Office, For Approval.
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We’ve Prepared The Ideal Package Of Services For The Company Type Listed Above To Help You Start Your Business In India. In Order To Make The Process Go As Smoothly As Possible, We’ve Prepared A Limited List Of Necessary Documents We’ll Need So That We Can Prepare All The Rest For You. If You Have Any Questions About These Please Don’t Hesitate To Ask.
