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Requirenment of director for liasion office

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(Querist)
04 September 2009 Hi,

Can anybody tell me that is it mandatory for liasion office of foreign company to have a director in India?

please reply urgently

Thanks in advance

CA Amit
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Shaurya

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Shaurya (Expert)
23 September 2009 Hi Amit,

As per my understanding, there is no such requirement for an LO to have a director. LO and BO are required to have only indian resident to act as Authorised representative of the LO/BO. On whom any statutory notice, communication can be served.

Hope this clarifies.

Shaurya

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