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	BUSINESS SET-UP & COMPLIANCE SERVICES

As an emerging market India is one of the biggest and fastest growing economies in the world. The advent of globalization has essentially opened up a lot of opportunities for businesses to expand their horizons. However, this has increased the complexity of operations. The regulations also have undergone a sea change to keep up with the new challenges.

We at Gori & Associates assist our clients to set-up business in India by providing liaison services in respect to various government departments, semi- government departments in respect of registration of corporate entities under various laws, obtaining licences, setting up branch / liaison / project office, registration with RBI, FEMA and other regulatory compliances.

Business set-up for multi-national / foreign company in India can be in forms of:

As an Indian Company: A foreign company can commence operations in India by incorporating a company under the Companies Act through -

Joint Ventures
Wholly Owned Subsidiaries (to be incorporated as Private Limited Company)

As a Foreign Company:

Liaison Office: Liaison office acts as a channel of communication between the principal place of business or head office and entities in India. Approval for establishing a liaison office in India is granted by Reserve Bank of India (RBI).
Project Office: Foreign Companies planning to execute specific projects in India can set up temporary project/site offices in India. RBI has now granted general permission to foreign entities to establish Project Offices subject to specified conditions.
Branch Office: Foreign Companies engaged in manufacturing or trading activities (including rendering professional / software services) are allowed to set up Branch Offices in India with specific approval of the RBI.

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