- Same name as parent company.
- Expansion of the existing parent company
- Export/Import of goods
- Professional or consultancy services
- Acts as buying/selling agent
Procedure for formation of Branch Office
- Appointment of Agent in India.
- Apply for Digital Signature Certificate.
- Charterd Documents Memorandum & Articles of Association (English Lang).
- Apply to RBI for Approval.
- File Form.
- Get Certificate
- Board Resolution authorizing a Representative.
- Letter of Authority from Parent Company.
- Certificate of Incorporation - duly notarized & authenticated.
- Audited Balance Sheets - past 3 years of Parent Company - duly notarized & authenticated.
- Address of the proposed local office, number of persons likely to be employed, number of foreigners among such employees.
- 6. Latest identity & address proofs of all the Directors – Adequately certified by banker in home country and duly authenticated
- Preliminary- 2 days.
- Documents- 10 Days.
- Final Execution - 2 Days.
- Profitable track record in home country.
- Net Worth USD 100,000+.