Project Office Registration
A Project Office (PO) is a temporary establishment set up by a foreign company in India to execute a specific project, typically in sectors like infrastructure, engineering, or turnkey construction. It allows foreign entities to maintain a legal presence in India without forming a full-fledged company.
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Benefits of a Project Office
No Need to Incorporate a Company: Operates as an extension of the foreign company.
Sector-Specific Entry: Ideal for executing government or private contracts in India.
Full Repatriation Allowed: Funds can be repatriated after project completion and compliance.
Simplified Operations: Easier to manage than forming a subsidiary or joint venture for short-term goals.
Compliance-Driven Structure: Transparent and regulated framework approved by RBI.
Ideal For
Foreign companies awarded a contract by an Indian entity
EPC, infrastructure, or technical service providers
Firms executing single or specific projects in India
Companies not seeking permanent presence, but needing local setup for contract fulfillment
Registration Process
Feasibility Assessment
We analyze the project scope, sector eligibility, and RBI conditions.Preparation of Documentation
Assistance in preparing the parent company’s board resolution, power of attorney, project contract, and other required documents.Application to Authorized Dealer Bank
Filing of the application for PO setup through a designated AD Bank as per RBI regulations.RBI Approval
Liaising with the bank and RBI to obtain approval for setting up the Project Office.Post-Approval Registrations
Support with PAN, TAN, GST, and local establishment registrations for operational setup.
Documents Required
Copy of the project contract awarded by an Indian company
Certificate of Incorporation of the foreign company
Audited financials of the foreign entity for the last 3 years
Board Resolution and Power of Attorney
Letter of authority for a local representative
Banker’s report from the foreign bank
Details of the Indian project and timeline
What You’ll Get
RBI/AD Bank approval for setting up the Project Office
Local office registration and establishment support
PAN, TAN, and GST registration
Assistance with bank account opening and remittances
Post-setup compliance advisory (TDS, accounting, etc.)
Frequently Asked Questions
Only companies with a secured project from an Indian entity can set up a PO, subject to RBI approval.
A Project Office is limited to executing a specific contract, while a Branch Office can carry out a range of permitted activities.
Typically, it takes 3–4 weeks, depending on documentation and response time from the AD Bank and RBI.
Project Office is not an FDI route—it operates under contractual agreement, and all funding must come through approved banking channels.
The Project Office must be closed, and any remaining funds can be repatriated after fulfilling tax and legal obligations.
