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Your business entity is an important part of your life and therefore the decision to close the same, is equally important too. Closing of business involves consideration of factors like, whether it should be closed or sold away. Startbizindia can help you in understanding the close-up options available and executing the same.
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Home / Foreign office - Meaning & Type

Foreign office - Meaning & Type

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Any Foreign Company intending to set-up business in India can instead of incorporating a company in India establish a foreign office in form of any of the following:

Liaison Office
Branch Office
Project Office

Foreign Companies as an initial step towards setting up business in India, generally begin with setting up their foreign offices in India. Foreign Offices are generally preferred when only limited activities are required to be carried on and scale of business operations is not big. Setting up Foreign Offices, gives Foreign Companies an opportunity to observe the India business environment before making full head start.

The Government of India has prescribed the activities, which a Foreign Office are allowed/prohibited to carry in Indian and therefore , in order to decide , which type of Foreign Office i.e. Liaison, Branch & Project to be established  will depend the need and objective of the business of the Foreign Company.

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Foreign Office Registration

 

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