5/4/2012FLIER       TAXPERT PROFESSIONALS PRIVATE LIMITED           www.taxpertpro.com | BY CA. Sudha G. Bhushan    www0
Snap shot relating to establishment of Business in IndiaParticulars                          Branch Office                ...
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Snap Shot regarding establishment of Place of business in India

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Snap Shot regarding establishment of Place of business in India

  1. 1. 5/4/2012FLIER TAXPERT PROFESSIONALS PRIVATE LIMITED www.taxpertpro.com | BY CA. Sudha G. Bhushan www0
  2. 2. Snap shot relating to establishment of Business in IndiaParticulars Branch Office Wholly owned subsidiaryWhether prior approval of RBI Yes Will depend on sector, if inrequired automatic sector no prior approval*. If under Approval route then permission from FIPBPeriod for which valid Three years Till the company is wound upWhether ROC involved No approval from Registrar of Registration process shall go Companies [ROC]. through the ROC. Form 44 shall be filed after permission from RBI is takenInitial Documents Financials of foreign company Financial of parent company not required [there should be required. positive net worth for at least three years]Number of days required 30-60 working days after 20-25 working days after receipt of receipt of documents documents *annexure II along with KYC and Form FC GPR shall be required to be filed with RBI under automatic route as well Flier | vinay@taxpertpro.com | contact us at 09769134554

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