Import & Export Services
Import & Export Services Acting as a Local Sales Office
Import and export services can act as a local sales office by facilitating trade operations for foreign companies without requiring a full-fledged business setup in the target country. This approach allows businesses to establish a presence, manage sales, and build relationships with local customers while minimizing operational costs.
How Import & Export Services Function as a Local Sales Office
- Market Representation – Acting as a liaison between foreign suppliers and local buyers.
- Sales & Distribution – Handling product promotion, order processing, and customer service.
- Regulatory Compliance – Managing import/export documentation, tariffs, and legal requirements.
- Warehousing & Logistics – Storing goods and ensuring timely delivery to customers.
- Business Development – Identifying new market opportunities and expanding client networks.
Setting Up a Liaison Office for Trade Facilitation
Foreign businesses can establish a liaison office in India to promote imports and exports, gather market intelligence, and facilitate collaborations. This setup requires approval from the Reserve Bank of India (RBI) and must comply with the Foreign Exchange Management Act (FEMA).