Branch Office

One of the permitted commercial establishments in India by the Reserve Bank of India is the establishment of a branch office by a foreign entity proposing to undertake business activities in India.

  • A branch office can be established in India specifically for purposes of undertaking the business of
      • export/import of goods
      • rendering consultancy services
      • carrying out research work
      • procuring technical or financial collaborations
      • to represent the parent entity in India
      • to act as buying/ selling agents in India
      • rendering services in IT sector
      • development of software
      • rendering technical support
      • foreign airline/shipping entity
  • Establishment of a branch office in India requires the prior approval of the Reserve Bank of India and Lex Valorem has the expertise to assist in the procurement of the required approval.
  • After establishment of the branch office, all reporting requirements under the provisions of FEMA, assistance to remit profit or surplus outside would be undertaken by Lex Valorem to the complete satisfaction of its Clients.
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