Liaison Office compliance statement requires detailed disclosure of identity, operations, finances, transactions, and verification of correctness. Annual Statement in prescribed Form No. 162 requires a non-resident person having a liaison office in India to furnish structured information concerning ... Summary
Liaison Office compliance statement requires detailed disclosure of identity, operations, finances, transactions, and verification of correctness.
Annual Statement in prescribed Form No. 162 requires a non-resident person having a liaison office in India to furnish structured information concerning identity, tax particulars, head office and principal office details, the Chartered Accountant who signed the Annual Activity Certificate submitted to the Reserve Bank of India, and the relevant tax year. The form also requires disclosure of liaison office operations, employees, financial details, transactions with Indian parties, related group entities, and a verification affirming truth and completeness of the information.
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