branch office(bO)

As a Branch Office (“BO”) in India, foreign companies can conduct full-fledged business in India. Branch Office(BO) can carry the same or substantially the same trading activities as carried out by their parent or group companies. However, BO is not allowed to directly carry out manufacturing activities though it is permitted to sub-contract these services to an Indian manufacturer.

We, Compliance Hands,a team of more than 50 qualified professionals like CA, CS, Advocates etc, having experience of more than 5 years of handling task like this and have completed more than 2000 projects. We ensure are the all the compliance on time and you can carry on your business without any hiccups.

1. Parent Company should have a profit making track record during the immediately preceding Five financial years in the home country.

2. Net Worth of the Parent Company not less than USD 1,00,000 or its equivalent.

3. An authorized Indian person to represent before RBI and ROC.

4. Its Permitted Normally 3 years from the date of approval. On completion of the time period, application for extension can be made.

1.Export or Import of Goods.

2.Rendering professional or consultancy services.

3.Rendering technical support to products supplied by parent/group companies.

4.Carrying out research work, in areas in which the parent company is engaged.

5.Rendering services in Information Technology and development of software in India.

6.Representing the parent company in India and acting as buying/ selling agent in India.

7.Promoting technical or financial collaborations between parent / group companies and companies in India.

8.Foreign airline/shipping company.

1. Not a separate legal entity hence cost of compliance is less.

2. Easy repatriation of Funds.

3. No Tax on Dividend.

4. Easy to shut down.

The way to get started is to quit talking and begin doing.” – Walt disney

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