Setting branh office of foreign company

Others 644 views 1 replies

Hi

A chinese company wants to set up a Branch office in India . The main object of opening the branch office is acting as a "service centre" for the main company. There will be no manufacturing.

I have few questions :-

1) Can this company form a branch office ( Under the category of rendering technical support to the products supplied by parent company) or it has to set up a liaison office only.

2) is their any specific restriction on Chinese company to form a branch office/liaison office?

3) What are the additional forms / compliance to be followed apart from the following :-

a. Form FNC , Annual activity certificate

b. Form 44 , Form 52

An early reply would be appreciated.

Regards

CA Mayank Kapoor

Replies (1)

Service center will become the commercial activity, but liasion office can not do commercial activity. hence branch office would be better option.

 


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