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    EAdvisors

    Branch Office

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    Branch Office Registration with EAdvisors.

    Now getting a branch office registration  is easy, hassle free and quick,
    With EAdvisors professionals

    Drop Query

    Drop your query by filing the form given and provide the necessary details to us.

    Discussion with Expert

    EAdvisors expert will then contact you to discuss about registration process, documents required and resolve your queries.

    Drafting of Application

    After the discussion session, drafting of all the necessary applications shall be done.

    Issuance of Certificate

    RBI after verifying all the documents will provide with the authorisation of branch office.

    Branch Office Registration

    INTRODUCTION

    Times have been changing at an unprecedented pace as ever, and it is no more than understood that such are the times that become inviting for a market and businesses. Along similar lines, India has proved to become a market too enticing for everyone. Be it startups or major multinationals, everybody seems to be taking interest in making India a part of their active enterprise, and try their hand to please the huge Indian market.

    Talking of the hybrid of multinationals and the vast expanse of opportunities in India, let us talk about setting up a branch office of foreign companies in India. As is the system and hierarchy of institutional rules in India, there is a certain set of procedure that needs to be followed to establish a branch office of a foreign company in India, which primarily deal with RBI and the Companies Act, 2013, about which you’ll read in-depth in this page. So, instead of spending too much time on literature here, let us proceed ahead to get a thorough understanding of the same.

    A Foreign Company wishing to open a branch office in India is required to apply for approval of RBI i.e. Reserve Bank under the provisions of FEMA 1999. The prescribed form for approval to be taken from RBI is Form FNC (Annex-1) under two routes:-

    • Reserve Bank Route
    • Government Route

    Reserve Bank Route is opted when the principal business of the foreign entity falls under sectors where 100 percent Foreign Direct Investment (FDI) is permissible under the automatic route.

    Government Route is applicable where 100 percent Foreign Direct Investment (FDI) is not permissible under the automatic route.

    Let us learn about the topic in detail.

    PRE-REQUISITES

    1. A foreign company that establish a branch office in India must have a net worth of more than $ 1,00,000/- duly supported by a financial statement
    2. The name of the branch office must be the same as that of the existing foreign company
    3. All new entities establishing their branch in India must submit a report in the prescribed format in Annex 3 in the time period of five working days from the day the Branch office became operational.
    4. The net worth of the branch office must not be less than US $100000
    5. The foreign company must be a profit-earning company in the immediately preceding five financial year.

    DOCUMENTS REQUIRED

    1. Form FNC-1
    2. Certificate of Incorporation/ Memorandum of Association and Article of Association (attested by Indian Embassy)
    3. Latest audited balance sheet/ account statement certified by CPA
    4. Report from Bankers in the host country
    5. Letter of Comfort
    6. Such other documents as may be required by RBI
    7. Proof of registered office

    PERMITTED BUSINESS ACTIVITIES

    Following are the activities that are permitted to the foreign company are:-

    Foreign companies which are in the business of manufacturing or trading activities are allowed to set up a branch office. Such branch office can undertake the following activities, namely:

    1. Export / Import of goods
    2. Rendering professional or consultancy services
    3. Carrying out research work, in areas in which the parent company is engaged
    4. Promoting technical or financial collaborations between Indian companies and parent or overseas group company
    5. Representing the parent company in India and acting as buying/selling agent in India
    6. Rendering services in information technology and development of software in India
    7. Rendering technical support to the products supplied by parent/group companies
    8. Foreign airline/shipping company

    Activities not permitted: –

    1. Retail trading activities of any nature is not allowed for a Branch office in India
    2. Manufacturing or processing activities in India is not allowed to be conducted by a branch office may it be directly or indirectly.

    Branch Office Registration

    Step by Step Registration Process

    Applying for DSC of Authorized Signatory

    First step includes applying for Digital Signature Certificate of the Authorised Signatory.

    Filing of documents

    Second step includes filing of necessary application with the department.

    KYC Verification

    Third step include verification where a form is file with AD Bank that represents a request made to banker of foreign company to verify the documents submitted.

    Receiving RBI approval

    When everything is in accordance with the requirement of the Act, RBI is then ready to send approval of Branch Office incorporation.

    Registration of Foreign Company with ROC

    After RBI Approval is granted, the next step is, registration of foreign company under ROC i.e. Registrar of Companies.

    Applying for PAN, TAN and Bank Account

    After registration under ROC, it is necessary to apply for TAN, PAN and open  a bank account.

    Registration with State Police

    The second last step includes registration with state police. Along with the application for branch office registration, RBI approval and KYC documents need to be submitted.

    GST Registration and IEC

    And the last step is applying for GST Registration and also for Import Export Code i.e. IEC for incorporating a branch office.

    Professional advice

    Our team of professional are always there at your service. You can contact them and take suggestions when required.

    Drafting of Documents

    For branch office registration, many applications are required to be drafted that is inclusive in the package.

    Lowest fee

    We believe in providing the best of quality services to our clients and therefore our fee is cost effective for the convenience of all our precious clients.

    Solution to all your queries

    Our experts is there with you to guide you in the best possible manner.

    Registration Certificate

    Registration certificate shall be issued after the completion of registration process of Branch office.

    What you get in this package?

    We are offering you ultimate package of registration of  Branch Office.

    EAdvisors Branch Office Registration package provides you professional advice, drafting of documents, lowest fee, solution to all your queries, registration certificate.

    Quality Efficient Services

    We at EAdvisors are here with our professional services and experts to serve you. We have successfully satisfied our clients with their requirements since a long time and will continue it all time. EAdvisors has 99 % of customer retention ratio.

    Our Quality work says it all!

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    24*7 Support

    To provide constant support to our customers, we are available on WhatsApp as well as on Email. For consulting us directly you may call or WhatsApp us at: +91 991 0000 833 To resolve your complicated query, contact us through Email Id :info@eadvisors.in

    Happy to Serve you!

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    Dedicated Professional guidance

    Professional experts of company registration are here at your service to assist you in incorporating companies. For making it hassle free procedure we will be assisting you a professional who will be there throughout your company registration. Your work is our duty and in the hands of our experts.

    Experience the upgraded professional services from EAdvisors!

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    Transparency

    Our work is to provide with best of services and that too with transparency. We aim to make clients that goes long with us and stay satisfied with our variety of services. No hidden charges exist and everything will be informed to you well in advance.

    So, stay secured with our transparency!

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    Timely Completion

    With guaranteed 10-12 days registration, we provide our clients with issuance of Certificate by ROC. Considering one day when documents will be received by us from our clients, then other two days for name approval procedure that is considered by ROC and another day for filing application for Incorporation of Company. On 10th day as we commit, will provide you with certificate of incorporation,

    Committed to Work! Committed to Quality!

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    Promise confidentially

    We have achieved alot in past years and aiming to increase it in future as well and that became possible because of our motto to keep our clients information secure with us. Stay confident while dealing with EAdvisors, your every single information will stay private with us.

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    EAdvisors
    Branch Office

    EAdvisors offers you various benefits

    No Hidden Fees

    EAdvisors is a well-known company, popular for its quality work and therefore no hidden or extra is charged by our clients.

     

    Fast and Easy

    By just sharing your documents with us on WhatsApp or email, you will get your dream company ready within 10 days only.

     

    Order Registration

    You will be given a Unique Order No. for you to track the status of company registration process. We offer this unique tracking method to given them a sense satisfaction that their work is our utmost priority. 

    Secure Payments

    Once the registration process gets started and payment is also made, it is our duty and responsibility to keep your payment secure and in return registering your company.

    Use Local Currency

    Being a company established in India, we will be accepting the payment in Indian Currency through any of the online mode of transfer.

    Intelligent Working method

    As the world is also getting advance within time, we have also established online way of accepting documents and creating your company.

    Frequent Asked Questions

    Branch Office Registration

    It is a small and temporary setup done by the foreign company to establish and grow its business in India.

    Of course! Any foreign company can open its branch office in India. The only condition is to get approval from the Reserve Bank of India (RBI) through AD category 1 Banker and secondly to get the foreign company registered with ROC.

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