Dear Sir,
Please let me know the formalities for opening of Branch office in India by Ukrine base company with 100% holding.
Please specify the ROC & RBI Formalities.
Thanks & Regards,
Krishna Chalke
Krishna Chalke (Proprietor) (39 Points)
08 December 2010Dear Sir,
Please let me know the formalities for opening of Branch office in India by Ukrine base company with 100% holding.
Please specify the ROC & RBI Formalities.
Thanks & Regards,
Krishna Chalke
Neetu Agrawal
(PCS)
(213 Points)
Replied 13 December 2010
The Authorised representative hv to file Eform 44 with the ROC. The docs to be attached are Charter of t he foreign company (Just like MOA n AOA of indian Company), Boar resolution of the foreign company authorising a person to act as a AR.
Hope this wud serve ur purpose.......
CA. Anuj Gupta
(Practices in NRI Int.Tax FEMA TP FDI/FIPB & FCRA)
(7024 Points)
Replied 21 March 2011
There are specific purposes only for which the foreign Company can open a branch in India.
Also the taxation angle needs to be thouroughly looked into.
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