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project office

How to Close Project Office/Branch Office/Liaison Office

The establishment of Project Office/Branch Office/Liaison is regulated in terms of Foreign Exchange Management Act, 1999 -Section 6(6) with Foreign Exchange Management (Establishment in India of a BO (Branch Office) or a LO (Liaison Office) or a PO (Project Office) or any other place of business) Regulations, 2016. Business entities registered outside India can establish business operations in India without making & registering a subsidiary company. According to the RBI… Read More »How to Close Project Office/Branch Office/Liaison Office

Comparison between Liaison Office, Branch Office & Project Office

If you are starting a company establishment in India. For companies that are looking to establish a business presence in India, without incorporating a subsidiary, there are three ways to do it: Liaison Office or Representative Office Branch Office Project Office Liaison Office Companies who are incorporated outside India can open Liaison Office- also known as representative office in India. It is a place of business to act as a… Read More »Comparison between Liaison Office, Branch Office & Project Office