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Branch Office Setup in India

Branch Office Setup in India

Branch office in India is setup by a foreign company which wants to carry out the branch activity for its business. The foreign company can generate revenue from Indian branch office only when its business activity is allowed to perform by the reserve bank of India. Branch office helps the foreign company to understand the Indian market working by allowing them just to do the activities that are mentioned in the application for branch office and any other activity performed other than the mentioned then it will be termed as illegal.

General features of branch office are:

  • Name used for the Indian branch office should be same as the parent company
  • Governing body for the branch office will be the reserve bank of India
  • Branch office is suitable for those companies that look for temporary office in India and not for those who comes with the long term business plans
  • There is no owner for the branch office; it's just an extension name for the existing company in the foreign country
  • Expenses of branch office will be entertained by the head office of the foreign company, if it is not generating revenue from their operations in India

Activities carried out by the branch office are:

  • Records and maintenance of account books
  • Getting the annual accounts audited
  • Fulfillment of annual activity certificates with the RBI
  • No additional business without the approval from RBI
  • Filling annual return and balance sheet with registrar of the companies

Being a long time experienced company working with highly trained professionals we are able to present our customers with the Branch Office service. We provide every important required piece of information regarding the set up of the branch office to our esteemed clients. We help our clients in preparing their documentation and for their better representation before the authorities of reserve bank of India.

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