In this ppt,we have content about guidelines for foreign company who open a branch in India,for more information consult with Ashok Maheshwary & Associates,https://bit.ly/2iy180K
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Procedures for a Foreign Company Opening a Branch Office in India
1. Ashok Maheshwary & Associates
PROCEDURES FOR A FOREIGN
COMPANY
Opening a Branch Office in India
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2. The vast natural resources in India provide immense
opportunities to the foreign companies for starting
and expanding their businesses.Here we have
Guidelines for Foreign Company to Open a Branch
Office in India.
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3. Funding of the Branch Office
When it comes to opening a branch office in India,
one of the major sources of funds come through the
preferred share capital that can be mandatorily
converted into equity shares and considered as FDI
or the Foreign Direct Investment.
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4. Activities of the Branch Office
By opening a branch office in India, a foreign firm can
export or import goods or undertake consultancy
and professional services. Furthermore, the
company can also render research work in all those
areas in which the parent firm is engaged.
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5. Rights of the Branch Office
The branch offices of a foreign firm can acquire
immovable property in this country. For opening the
bank accounts, the branch offices must approach the
authorized dealers.
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6. Establishing Liaison Office
Companies incorporated overseas can also open a
liaison office in this country with the approval of RBI.
A liaison office in India acts as a channel of
communication between the parties in this country
and the office abroad.
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