The New Generation Of Banging Hardtechno

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Liaison office operates as a channel of communication between the principal place of business or head office and entities in India. Liaison office cannot assume any commercial activity directly or indirectly and cannot, therefore, earn any income in India. Its role is restricted to collecting information about possible market opportunities and providing information about the company and its products to potential Indian customers. It can encourage export/import from/to India and also facilitate technical/financial collaboration between parent company and companies in India.
Approval for establishing a liaison office in India is granted by Reserve Bank of India (RBI).

Project Office
Foreign Companies planning to execute specific projects in India can set up temporary project/site offices in India. RBI has now granted general permission to foreign entities to establish Project Offices subject to specified conditions. read more...