Liaison Office in India for Foreigners| Procedure [2022]-Onfiling

Liaison Office

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A Liaison Office (LO) is a representative office that is established with the goal of learning about and understanding the business and investment climate. The role of such offices is limited to gathering information about potential market prospects, as well as delivering information about the new opportunities or sources of supply and gathering responses of prospective consumers or vendors about the parent company products.


Steps to Start

Let's Complete The Process in 4 Simple Steps

1

Connect

Connect with Onfiling Experts by filling up the query form as per your services requirements, our team will contact and explain you the complete process of required service in simple terms.

2

Submit

As per the discussion with Experts you can submit the documents through email to the concerned person with 50% professional fees and the complete government fees for the services.

3

Draft

Once your documents are submitted, our team will draft the required forms as per the documents shared and will send you back for the final review before submitting to authorities.

4

Complete

Once you give confirmation our team will file the documents and give you acknowledgement. Once application is approved by authorities you will get the required certifications without any hassle.

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FAQs

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Yes provided the bank account is re-designated as a BO account.
No, if an LO/BO wants to open more than one account it has to obtain prior permission of the Reserve Bank through its AD Category I bank justifying the reason for additional account.
Yes, however, BO’s transactions should be restricted to its designated INR account and it should not put any transactions through the agent’s foreign currency account.

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