Branch office setup

Setting up a branch office involves several key steps, especially if you’re expanding into a new market like India. Here’s a general process:

• Regulatory Approvals: In India, foreign companies must apply to the Reserve Bank of India (RBI) through an authorized dealer bank.
• Legal Registration: The branch office must be registered with the Registrar of Companies (ROC) and obtain necessary tax registrations like PAN and TAN.
• Infrastructure Setup: Secure office space, hire staff, and establish operational workflows.
• Compliance & Reporting: Ensure adherence to local laws, including GST registration and financial reporting.