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Can a Indian Co. can open a Branch Office Abroad? |
What formailities are required to open a Branch Office Abroad Thats Right, an Indian entity weather this is Registered Partnership Firm or a Joint Stock Company can open their branch office abroad, subject to the guidelines of Fema which are regulated by the RBI, there are two routes are available one automatic, and another through prior approval, that can depend upon country to country and the percentage of export turnover/turnover of the Indian entity Need to contact. Yup u can. U have to register the company in that place. For an Indian Company to open a branch office abroad for genuine business, from Indian Government side no difficult formalities are required these days, just take care of FEMA. For the other country concerned where a branch is proposed to be opened, you need to comply with their respective laws. |
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