overview on liaison office, project & branch office
LIAISON OFFICE, PROJECT OFFICE & BRANCH OFFICE A company that’s incorporated outside India has the choice to own offices in India that don’t seem to be primarily subsidiary companies. Subject to the depository financial institution of India (“RBI”) guidelines, a distant company can have a branch office, liaison office, or project office. The functions of those offices are limited as these don’t seem to be full-fledged offices sort of a subsidiary office. …