Liaison Office Registration - Overview
Liaison office works as a place in India to represent foreign company with the motive to understanding and exploring the business conditions, environment of business, understanding nature of market and conducting market research for the product of the parent company
Checklist to consider before registering Liaison office in India
Name & New Additional Liaison Office
No Income Generating Activity
Net Worth Requirement
Taxation in India
Permitted Activities of Liaison Office
Establish healthy communication between the foreign head company and the parties in India
Promotion of import/export relationship between countries
Form a financial and technical collaboration between Indian and overseas companies
Represent the foreign parent company in India
Documents Required For Registration
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Documents Required From Parent Company
- Certificate of Incorporation
- Memorandum of Association
- Articles of Association
- Complete details of Directors and Key Executives of the company
- Full details of the shareholders of the applicant company
- Net worth certificate signed by Certified Public Accountant (CPA)
- Last 5 years financial statement
- statement from applicant’s banker
- 5 passport size photographs
- 5 copies of National Identity Card
- 5 copies of passport
- copy of Business Visa with along with Immigration Stamp of arrival on it
- Latest Address Proof such as Electricity Bill or Phone Bill or Water Bill or Statement from bank
- Power of Attorney in the AR name
- Board Resolution charging the AR
Process To Register
- Filing Of Application With RBI Through Authorised dealer Bank
- Application for Digital Signature certificate of Authorized Signatory
- Verification Of KYC From Banker Of Parent Company
- Approval Of RBI For Liaison Office Registration In India
- Registration Of liaison Office With ROC
- PAN Card, Tax Deduction Number, And Bank Account Opening
- GST Registration & Import Export Code
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