Project Office

Foreign Companies are allowed to establish their operations in India through three modes, like:

Liaison Office/Representative Office
Project Office
Branch Office

These offices are entrusted with certain guidelines to undertake any permitted activities. Companies are made to register themselves with Registrar of Companies (ROC) within one month of establishing a place of business in India.

Foreign Companies set up provisional project/site offices in India to execute specific projects in India. With subject to specified conditions, RBI has now approved common authorization to foreign entities to set up Project Offices. These offices are not meant to carry out or execute any activity other than the activity involving and necessitating the execution of the project. Project Offices comprise rights to remit outside India the excess of the project on its completion, as the RBI permits it.