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Liaison and branch office reporting requirement: foreign offices must notify state police, file annual Annex reports and inform banks. Foreign entities establishing Liaison, Branch or Project Offices in India must submit the prescribed Annex information to the state police authority within five working days of becoming functional, file the Annex annually along with the Annual Activity Certificate/Annual Report, and furnish copies to their Category I Authorised Dealer bank; existing offices must likewise file the Annex annually. The Annex specifies detailed information on the foreign entity, Indian office, head of office, personnel and visa compliance, visitors, projects/contracts, equipment imports and government and civil society contacts.
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Liaison and branch office reporting requirement: foreign offices must notify state police, file annual Annex reports and inform banks.
Foreign entities establishing Liaison, Branch or Project Offices in India must submit the prescribed Annex information to the state police authority within five working days of becoming functional, file the Annex annually along with the Annual Activity Certificate/Annual Report, and furnish copies to their Category I Authorised Dealer bank; existing offices must likewise file the Annex annually. The Annex specifies detailed information on the foreign entity, Indian office, head of office, personnel and visa compliance, visitors, projects/contracts, equipment imports and government and civil society contacts.
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