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Local and international based companies should ensure that they are fully registered and licensed to operate to provide their products and services to the public at large. They should meet the requirements of the Government and the Reserve Bank of India.
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Company Registration India that Fits to Office and Branch Office Establishment Call Us- +91-800100284 www.company-registration-india.com
Local and international based companies should ensure that they are fully registered and licensed to operate to provide their products and services to the public at large. They should meet the requirements of the Government and the Reserve Bank of India.
The Ministry of Corporate Affairs headed by the Government of India registers companies and businesses and gives them the go ahead to start operations. The Government with its ministry initiates empowering businesses as well as protecting the interests of investors. The ministry has an affiliation of offices with the likes of Competition Commission of India, Official Liquidators, Serious Fraud Investigation Office, Company Law Board and Indian Institute of Corporate Affairs. company registration india falls under this bureau.
There are various types of companies. Some are manufacturing related, some are food and beverages, there are technology based companies and then there are non-banking financial ones. The Non Banking Financial Company (NBFC) specializes in loans and are very much similar to banks but are not. There is separate nbfc registration. These companies register under the Companies Act, 1956 of India. Apart from loans, nbfcs offer insurance business, acquisition of shares, chit business and bondsire-purchase. Examples of this type of companies are Industrial Promotion and Investment Corporation of Orissa Ltd, Delhi SC/ST/OBC/Minorities and Handicapped Financial Aid, The Gujarat State Civil Supplies Corporation Ltd, and Unit Trust of India Investment Advisory Services Limited etc.
The NBFCs also have branches. Opening a branch office in India is not complex. Companies and businesses have to undergo branch office establishment. A number of foreign companies have opened up and set up branches and offices in India. The offer consultancy and professional services and advise; export and import goods; provide technical support; offer expertise; and promotes collaborations. The office establishment and expansion should be within the criteria and meet the requirements of the Reserve Bank of India. The permission to set up or establish branch offices is provided by RBI.
branch office establishment Call Us- +91-800100284 www.company-registration-india.com