1.

The application should be completed in Quadruplicate and submitted to the Chief General Manager, Exchange Control Department (Foreign Investments Division), Reserve Bank of India, Central Office, Mumbai - 400001.

 

 

2.

It may be noted that for the purpose of Section 29 of Foreign Exchange Regulation Act, 1973, the term Company means any body corporate and includes a firm or other association of individuals.

 

 

Documentation:

 

 

3.

English version of the certificate of incorporation / registration attested by Indian Embassy / Notary Public in the country of registration.

 

 

4.

Latest Balance Sheet of the applicant company/firm.

1.

a)

Full name and address of the

 

 

 

applicant company / firm

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

[State whether the applicant

 

 

 

is a proprietory concern or

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

partnership firm or limited

 

 

 

company or public sector

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

undertaking or any organisa

 

 

 

tion (please specify)].

 

 

 

 

 

 

b)

Place of incorporation /

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

registration.

 

 2.

Details of capital

 

 

 

 

A

Authorised capital

 

 

 

(a)

Equity

(a)

Rs._______

 Shares of

divided in to

Rs.________

 ___________

each

 

 

 

 

 

 

 

 

 

(b)

Preference

(b)

Rs._______

 Shares of

divided in to

Rs.________

 _________

each

 

 

 

B

Authorised capital

 

 

 

(a)

Equity

(a)

Rs._______

 Shares of

divided in to

Rs.________

 __________

each

 

 

 

 

(b)

Preference

(b)

Rs._______

 Shares of

divided in to

Rs._________

 ___________

each

 

 

(Paid up capital if meagre, information may be furnished whether there will be financial backing from parent company/others)

 

 

 

 

C

Whether any shares are held in the organisation by Indian nationals, persons of Indian origin or companies registered in India. If so, please give the following information.

 

 

i)

 

 

 

 

 

 

 

ii)

 

Nationality

 

 

 

 

 

 

 

iii)

 

Number and value of shares

 

held.

 

 

 

(a)

 

 

 

 

 (b)

 

 

 

 

 

 

 

iv)

 

Percentage of (C) (iii)

 

 

 

 

to (B) above.

 

3.

A.

Brief description of the activities of the applicant and trade links worldwide and with India

 

 

B.

Operating profits/losses of the applicant company during last three years

 

4.

Value of goods imported from and /or exported to India by the applicant during each of the last three years:

i) Imports from India

ii) Exports to India

Rs.

 

 

 

 

 

5.

 

Particulars of existing arrangements if any, for representing the company in India.

 

 

 

 

 

 

 

i)

Name/s and address/es

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of the Indian agent(s)

 

 

 

 

/representative(s)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

if any.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

ii)

Nature of the activities

 

 

 

 

undertaken or the service

 

 

 

 

rendered by the Indian

 

 

 

 

agent(s) /

 

 

 

 

representative(s)

 

 

 

 

 

 

 

 

iii)

payable to agent(s) /

 

 

 

 

representative(s)

 

 

 

 

 

 

 

 

iv)

Whether the existing

 

 

 

 

arrangement will

 

 

 

 

continue even after this

 

 

 

 

application for opening

 

 

 

 

a branch office in India

 

 

 

 

is approved.

 

6.

 

Particulars of the proposed

 

 

 

arrangements :

 

 

 

 

 

 

 

 

i)

Details of the activities

 

 

 

 

/ services proposed to be

 

 

 

 

undertaken / rendered by

 

 

 

 

the office. Please give

 

 

 

 

full details including

 

 

 

 

the scope of authority of

 

 

 

 

the proposed office.

 

 

 

 

 

 

 

 

ii)

Place where the office

 

 

 

 

will be located.

 

 

 

 

 

 

 

 

iii)

Details of the staff /

 

 

 

 

employees to be posted.

 

  

 

 

 

 

 

 

 

 

iv)

Name and nationality of

 

 

 

 

 

 

the person who will be

 

 

 

 

 

 

in-charge of the office.

 

 

 

 

 

 

 

 

 

 

 

 

v)

Territorial jurisdiction

 

 

 

 

 

 

of the office

 

 

 

 

 

 

 

 

 

 

 

 

vi)

Estimated annual expenses

 

 

 

 

 

 

of the office (if more

 

 

 

 

 

 

than one office is to

 

 

 

 

 

 

be opened in India, please

 

 

 

 

 

 

give the above details in

 

 

 

 

 

 

respect of each office).

 

 

 

 

 

 

 

 

 

 

 

 

vii)

If the office will

 

 

 

 

 

 

represent any other

 

 

 

 

 

 

party(ies)/company(ies)/

 

 

 

 

 

 

in India or outside India

 

 

 

 

 

 

please state:

 

 

 

 

 

 

(a)

Name and address of

 

 

 

 

 

 

 

each such party /

 

 

 

 

 

 

 

company.

 

 

 

 

 

 

(b)

Brief description of

 

 

 

 

 

 

 

the activities /

 

 

 

 

 

 

 

services to be

 

 

 

 

 

 

 

undertaken/rendered.

 

 

 

7.

 

How the expenses of office(s)

 

 

 

 

 

would be financed,i.e.whether

 

 

 

 

 

out of the funds remitted to

 

 

 

 

 

India from abroad or otherwise

 

 

 

8.

 

Any other information which

 

 

 

 

 

the applicant company wishes

 

 

 

 

 

to furnish in support of this

 

 

 

 

 

application.

 

 

 

 

i)

the particulars given above are true and correct to the best of our knowledge and belief;

 

 

 

 

ii)

Our activities in India would be confined to the fields indicated in column 6 above;

 

 

 

 

iii)

We will not shift the office to another place without prior permission of the Reserve Bank of India; and

 

 

 

 

iv)

We will abide by the terms and conditions that may be stipulated by Reserve Bank of India if approval is given.

 

 

 

(Signature of Authorised Official)

 

 

 

 

Place :

 

 

 

 

Stamp

 

Name

 

Date :

 

 

 

 

 

 

Designation