Authorized dealer code of bank of india

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Liaison Office : Basic Concepts In previous articles we explained theand the options for company formation. Here we will focus on just one of those options: the Liaison Office. We wrote a separate article about this as it is bbank of the simplest options for foreign companies when you want to set up your own subsidiary in India, but it is also one of the most limited. What is a Oc Office? It is not allowed to undertake any business activity in Auhhorized and cannot earn any income in India. Expenses of a Liaison Office should be met entirely through foreign exchange from your Head Office outside India. Therefore, the role of a Liaison Office is limited to collecting information about possible market opportunities and providing information about the company and its products kf prospective Indian customers. If the language of the parent company is other than English, then this will have to be translated by certified translator before starting the process of notarization and certification. These can be transferred by od to a Joint Venture or Wholly Owned Subsidiary of the parent company in India. The Government of India has shown that it is committed to making it easier to do business in India and each of these steps has been simplified and made more efficient, but you may still need help. Our operations teams support foreign companies every day to run theirtheir and their online sales.

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