Reserve bank of India Approval
The application for establishing Branch Office or Liaison Office in India may be forwarded by the foreign entity in Form FNC-1 through a designated AD Category - I bank to Reserve Bank of India along with the prescribed documents. The application will be considered on case-to-case basis and the permission from Reserve Bank of India generally takes about one month time.
Registration with Registrar of Companies, New Delhi
Upon receipt of approval from Reserve bank of India, requisite documents have to be filed with Registrar of Companies, New Delhi for registration under Companies Act. After scrutiny of documents, Registrar of Companies, New Delhi will register the Foreign office and issue the certificate of registration. Thereafter, Foreign Company can open bank account and start operation in India.
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