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Get Fnc Application For Establishment Of Branch/liaison Office In ......
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How to fill out the FNC Application For Establishment Of Branch/Liaison Office online
This guide provides a step-by-step approach to filling out the FNC Application for the establishment of a Branch or Liaison Office. Follow these instructions to complete the online form efficiently and accurately.
Follow the steps to fill out the form correctly.
- Click ‘Get Form’ button to obtain the form and access it in your browser.
- Provide the full name and address of the applicant company or firm. Specify if it is a proprietary concern, partnership firm, limited company, public sector undertaking, or another type of organization.
- Indicate the date and place of incorporation or registration for the applicant.
- Enter the details of capital, including the paid-up capital and the free reserves as per the last audited balance sheet.
- Give a brief description of the activities of the applicant company. Be concise but informative to ensure clarity.
- For Liaison/Branch Office, provide details such as the value of goods imported from and/or exported to India over the last three years. Include particulars of existing arrangements for representing the company in India.
- Specify the proposed activities/services to be undertaken by the office and the location where the office will be situated.
- If applicable for a Project Office, provide a brief description of the project, including terms of payment and duration, and state the location of the office.
- If funding is from sources other than inward remittances, specify these details as required in section B of the documentation.
- Add any other information that may support the application and ensure it is relevant to the request.
- Review all the information entered for accuracy. Sign and date the form under the declaration section to affirm the truthfulness of details provided.
- Once you have completed the form, save your changes, and choose to download, print, or share the form as needed.
Start filling out your application online now to ensure timely processing.
Liaison and Branch Office are similar in terms of approval required and documents for setting up. However operationally they are varied, while a branch office mirrors the parent company, a liaison office only acts as a representative and has restrictions on operations.
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