formation of liaison office in india

This query is : Resolved 

09 September 2008 i need a clarification w.r.t procedures for setting/formation of liaison in india for ROC/ INCOME TAX DEPT/ DOCUMENTS NECCESSARY. REPLY its urgent

09 September 2008 First you need to take permission from Reserve Bank of India by filing the prescribed application which is available on the RBI network and you can also go to the link hereunder:
https://rbidocs.rbi.org.in/rdocs/notification/PDFs/62545.pdf

Once you satisfy the conditions you can go ahead and set up a liaision. Nothing as far as ROC is concerned. Your liaision office cannot earn any income so why IT dept.worry.

09 September 2008 pls reply whether procedures for formation of a liaison office is same as of formation of a company...

16 September 2008 No they are not, it just like opening a branch of your office in another place. If you open a caompany why do you need a liasion office. You will have a subsidiary itself.


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