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India Entry

Project Office Registration in India

A Project Office (PO) is the right vehicle when a foreign company has won a specific contract in India and needs a presence to execute it — without setting up a permanent subsidiary or branch. We handle eligibility under FEMA, AD-bank coordination, registrations and the closure once the project ends. Key takeaways: a PO is project-specific; activities are limited to that project; approval is normally through the AD bank; closure and repatriation follow auditor certification.

What's Included

Eligibility assessment under the FEMA branch / project office regulations

AD-bank coordination and Project Office approval (RBI approval where required)

ROC registration via Form FC-1, PAN, TAN and GST

Project-period bank account and inward-remittance set-up

Annual Activity Certificate, FC-3 / FC-4 filings and tax returns

Transfer pricing positions for inter-company project cost recovery

Closure, auditor certificate and repatriation of surplus

Our Process

STEP 1
Contract review

Review the awarded contract, funding source and PO eligibility under FEMA.

Week 1

STEP 2
AD-bank submission

File Form FNC and supporting KYC with the designated AD bank.

Week 1–2

STEP 3
PO approval

AD bank issues UIN / approval; account opened.

Week 3–5

STEP 4
Registrations

Form FC-1 with ROC, PAN, TAN, GST and other project-state registrations.

Week 4–6

STEP 5
Run & report

Bookkeeping, GST, TDS, AAC and annual filings through the project life.

Ongoing

STEP 6
Closure

Wind-up, auditor certificate, repatriation and de-registration.

On project end

Documents Required

  • Awarded contract / Letter of Intent from the Indian customer
  • Constitutional documents of the foreign company (apostilled / notarised)
  • Audited financials of the foreign parent for the last 3 to 5 years
  • Board resolution and Power of Attorney for the Authorised Representative in India
  • Banker's reference / KYC of the foreign parent
  • Project funding / inward-remittance source proof

Key Statutory References

ItemReference
FEMABranch / Liaison / Project Office Regulations — AD bank route by default
Companies Act, 2013Form FC-1 within 30 days of establishment; FC-3 / FC-4 annual filings
Permitted activitiesLimited to executing the specific awarded project — no other commercial activity
ClosureAuditor certificate, AD-bank route, repatriation of surplus on project end
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