10 Steps for opening a branch office in India

Have knowledge about legal / regulatory requirements or hire a good consultant for the same. (Specific laws – Companies Act 2013 + Foreign Exchange Management Act, 1999 [FEMA]) Decide the purpose (Manufacturing activities can’t be…


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Form FNC for opening branch office in India

FNC Application for Establishment of Branch/Liaison Office in India A. General Instructions to Applicants: The application form shall be completed and submitted to the AD Category – I bank designated by the applicant for onward…


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How to open a branch office in India

The Applications are to be made in form FNC and are considered by the RBI under two routes determined by the degree of Foreign Direct Investment (FDI): The Reserve Bank Route: taken when the principle…


MSME and relevant compliances

Micro, Small and Medium Enterprises (MSME) are classified in two Classes under Micro, Small & Medium Enterprises Development (MSMED) Act, 2006: Manufacturing Enterprises The enterprises engaged in the manufacture or production of goods pertaining to…


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FDI AND ITS REPORTING UNDER PRESENT SCENARIO

Over the past few years Foreign Investors’ interest to invest in India has increased many fold due to various reasons such as rise in population which results in low labour cost, growth in infrastructure, rise…


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Section 8 Company

There are three ways of registering a Non Profit Organizations or Non Governmental Organizations- Society, Trust and Section 8 Company. Trusts and Societies do not have central laws as its laws are restricted within that…