formation of liaison office in india
This query is : Resolved
09 September 2008
i need a clarification w.r.t procedures for setting/formation of liaison in india for ROC/ INCOME TAX DEPT/ DOCUMENTS NECCESSARY. REPLY its urgent
09 September 2008
First you need to take permission from Reserve Bank of India by filing the prescribed application which is available on the RBI network and you can also go to the link hereunder:
http://rbidocs.rbi.org.in/rdocs/notification/PDFs/62545.pdf
Once you satisfy the conditions you can go ahead and set up a liaision. Nothing as far as ROC is concerned. Your liaision office cannot earn any income so why IT dept.worry.
http://rbidocs.rbi.org.in/rdocs/notification/PDFs/62545.pdf
Once you satisfy the conditions you can go ahead and set up a liaision. Nothing as far as ROC is concerned. Your liaision office cannot earn any income so why IT dept.worry.
09 September 2008
pls reply whether procedures for formation of a liaison office is same as of formation of a company...
16 September 2008
No they are not, it just like opening a branch of your office in another place. If you open a caompany why do you need a liasion office. You will have a subsidiary itself.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- GST ON EXPORT COMMISSION
- Should I report my US salary for January, February, March in Schedule FA?
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Tds on building rent monthly
- Regarding Waiver of Interest levied u/s 50 of PGST/CGST Act
- Confusion around Form 26QB fields
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
Trending Online Classes
CAclubindia
