![]() Bankers’ Report from the applicant’s banker in the host country / country of registration showing the number of years the applicant has had banking relations with that bank. Latest Audited Balance sheet of the applicant company. Copy of the Certificate of Incorporation / Registration attested by the Notary Public in the country of registration. What are the documents required along with the application for Project officeġ. (iii) Copies of the bye-laws, Articles of Association of the organisation. (ii) Expected level of funding for operations in India. ![]() (i) Details of activities carried out in the host country and other countries by the applicant organization. I) Name and address of the banker of the applicant in the home countryĪny other information which the applicant company wishes to furnish in support of this application.įor Non-profit / Non-Government Organisations: Iii) Particulars of the proposed Liaison/ Branch Office:Ī) Details of the activities/ services proposed to be undertaken/ rendered by the office.ī) Place where the office will be located.Į) Expected number of employees (with number of foreigners) Ii) Particulars of existing arrangements if any, for representing the company in India. I) Value of goods imported from and / or exported to India by the applicant during each of the last three years: Ii) Free Reserves/Retained earnings as per last audited Balance Sheet/Financial Statementīrief description of the activities of the applicant. The application form shall be completed and submitted to the AD Category – I bank designated by the applicant for onward transmission to the Chief General Manager- in -Charge, Reserve Bank, Foreign Exchange Department, Foreign Investment Division, Central Office, Fort, Mumbai – 400001 along with the documents mentioned in item (viii) of the Declaration.ĭate and Place of incorporation / registration It’s a simple form and in mentioned below:Īpplication for Establishment of Branch/Liaison Office in India The application has to be made in Form FNC. What is the information required in form FNC It takes generally takes 15 days to register a PO.Further extension may be granted by RBI only.Extension for 6 months may be granted by AD Category-I bank for reasons beyond the control of the person resident outside India.The office shall be opened within 6 months from the date of approval letter.However, no separate reference or approval of the Government of India (GoI) will be required in respect of proposal for opening of a PO relating to the defence sector, if contract for which the PO is opened has been awarded by/entered into with the Ministry of Defence or Service Headquarters or Defence Public Sector Undertakings Principal business falls in defence/telecom/private security/ information and broadcasting sector. ![]() In all other cases, Authorized Dealer Category-I banks are empowered to grant approval. However, if any entity resident in Pakistan, Bangladesh, Sri Lanka, Iran, Afghanistan, China, Macau and Hong-Kong desires to open project office in Jammu & Kashmir, North Eastern States and Andaman and Nicobar islands, approval is granted by RBI in consultation with Government of India.
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