Project office of Foreign Company in India Process [2022]-Onfiling

    Project Offices

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    What is Project Office?

    ‘Project Office’ means a place of business to represent the interests of the foreign company executing a project in India but excludes a Liaison Office. The project office is the ideal method for companies to establish a business presence in India for a limited period of time. It is essentially a branch office set up with the limited purpose for executing a specific project.

    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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    The PO remains valid for the entire tenure of the project (till the project is completed or wound up).

    • The office shall be opened within 6 months from the date of approval letter. • Extension for 6 months may be granted by AD Category-I bank for reasons beyond the control of the person resident outside India. • Further extension may be granted by RBI only • It takes generally takes 15 days to register a PO.

    Yes, the AD bank should ensure compliance to the extant instructions issued by the Department of Banking Regulation.

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