Requirenment of director for liasion office
This query is : Resolved
04 September 2009
Hi,
Can anybody tell me that is it mandatory for liasion office of foreign company to have a director in India?
please reply urgently
Thanks in advance
CA Amit
Can anybody tell me that is it mandatory for liasion office of foreign company to have a director in India?
please reply urgently
Thanks in advance
CA Amit
23 September 2009
Hi Amit,
As per my understanding, there is no such requirement for an LO to have a director. LO and BO are required to have only indian resident to act as Authorised representative of the LO/BO. On whom any statutory notice, communication can be served.
Hope this clarifies.
Shaurya
As per my understanding, there is no such requirement for an LO to have a director. LO and BO are required to have only indian resident to act as Authorised representative of the LO/BO. On whom any statutory notice, communication can be served.
Hope this clarifies.
Shaurya
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