Project Office Formation
Foreign companies can set up a project office in India for a limited time bound project to carry out specific activities and obtain necessary registration with Reserve Bank of India as well as Registrar of Companies. Such companies engaged in turnkey construction or installation normally set up a project office for their operations in India.
For opening a project office in India, no approval of Reserve Bank will be required, where the concerned foreign company has secured from an Indian company, a contract to execute a project in India, and—
We at AcuCorp ensure to undertake your comprehensive filing requirements with Reserve Bank of India and Registrar of Companies. We aim to complete the process within 45-60 working days post obtaining necessary details from our clients.
Limitation on the activity
Time Limit for opening PO
Validity of PO
To be noted: