branch office india
FOLLOWING ARE THE REQUIREMENTS FOR OPENING BRANCH OFFICE IN INDIA
The Cost for Setting up branch office will be Rs 1,50,000.
Requirements
Following documents / information are required to be attached along with the application:-
i. English version of the Certificate of Incorporation and Memorandum & Articles of Association attested by the Indian Embassy / Notary Public in the country of registration.
ii. Latest Audited Balance Sheet of the UK Company.
iii. Detail of Paid up Capital & Free Reserve of Applicant Company.
iv. Brief description of the activities of the applicant.
v. Value of goods imported from and / or exported to India by the applicant company in last three years.
vi. Detail of the activities proposed to be undertake from Branch office
vii. Detail of place where the office will be located in India ( rental agreement and electricity bill)
Compliance under the Indian Companies Act, 1956
1. Under the Indian Companies Act, a Foreign Company need to deliver to the Registrar of Companies, New Delhi as well as to the State in which the principal place of business of the company is situated the following documents within 30 days of establishment:
a. Certified copy of the Memorandum and Articles of Association in English version.
b. Full address of the Registered office or Principal office of the Company abroad.
c. List of Directors and Secretary of the company.
d. The name and address of some one or more persons resident in India who is or are authorized to accept on behalf of the company service of any notice served on the company.
e. The full address of the office of the company in India which of its place of business.
The Cost for Setting up branch office will be Rs 1,50,000.
Requirements
Following documents / information are required to be attached along with the application:-
i. English version of the Certificate of Incorporation and Memorandum & Articles of Association attested by the Indian Embassy / Notary Public in the country of registration.
ii. Latest Audited Balance Sheet of the UK Company.
iii. Detail of Paid up Capital & Free Reserve of Applicant Company.
iv. Brief description of the activities of the applicant.
v. Value of goods imported from and / or exported to India by the applicant company in last three years.
vi. Detail of the activities proposed to be undertake from Branch office
vii. Detail of place where the office will be located in India ( rental agreement and electricity bill)
Compliance under the Indian Companies Act, 1956
1. Under the Indian Companies Act, a Foreign Company need to deliver to the Registrar of Companies, New Delhi as well as to the State in which the principal place of business of the company is situated the following documents within 30 days of establishment:
a. Certified copy of the Memorandum and Articles of Association in English version.
b. Full address of the Registered office or Principal office of the Company abroad.
c. List of Directors and Secretary of the company.
d. The name and address of some one or more persons resident in India who is or are authorized to accept on behalf of the company service of any notice served on the company.
e. The full address of the office of the company in India which of its place of business.