10 Steps for opening a branch office in India

  1. Have knowledge about legal / regulatory requirements or hire a good consultant for the same. (Specific laws – Companies Act 2013 + Foreign Exchange Management Act, 1999 [FEMA])
  2. Decide the purpose (Manufacturing activities can’t be done via a branch)
  3. Check eligibility (Criteria – Net Worth $100,000+ & Financial track record of profits of last 5 years in your country)
  4. Check FDI norms for your industry
  5. Find and get an address for place of business in India
  6. Find and appoint authorised representative for your company
  7. Apply to RBI with prescribed documents (Form FNC)
  8. Pay the prescribed fees
  9. Get the license, or other relevant authorisations
  10. Start your business and make profits

References

  1. RBI Master Circular on Establishment of Liaison / Branch / Project Offices in India by Foreign Entities

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