Project Office Registration Online
Posted 2021-02-09 12:57:31
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Project Office Registration
Project Office Registration Online India can be done by submitting an application d with the Category 1 AD Bank. Along with an application, the prerequisite set of documents must be submitted that includes the copy of the project agreement and a document stating that the project shall be funded from abroad or through an arrangement with the multilateral or bilateral international finance agency.
Documents needed for Project Office Registration in India
Documents Required To Submit To The RBI
- Incorporation certificate
- Article of Association and Memorandum of Association of the company attested by Indian Embassy or Notary Public in the country where Registration happened
- Latest Audited Balance statement of the applicant company.
- A letter of authority granted by the parent company as a local representative of the company.
- A resolution by the foreign company’s Board members expressing the intention to establish or to set up the project office in India.
- Office by the authorized Bank in India or the Financing Institution
- Documentary proof for the Project Office is financially supported by the Indian Company has obtained term loan or by bilateral or multilateral International Financing Agencies for the Project Banker’s report presented by the company’s banker notifying the company’s relationship with the bank.
- Complete details of business activities operated in the project office in India
- Residence Proof of the authorized person of the company
- Copy of passport of the authorized person of the company
- A letter stating that the company will open an account in an Indian bank
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