RBI Approval (Application & Liaison)
Application preparation and liaison for the required project approval.

Bring the formation steps and connected requirements into one considered plan.
Application preparation and liaison for the required project approval.
Prepare application documents, authorisations and supporting materials.
Review the project, contract and appropriate India operating model.
Coordinate banking documents and account-opening steps.
Assess registrations and obligations relevant to the project.
Coordinate extension requests and project-office closure requirements.
Support relevant transfer pricing and audit workstreams.
Plan recurring reporting and advisory support during the project.
A Project Office can provide a foreign company with a presence in India to execute a specific project. The proposed project, contract, duration and applicable RBI requirements should be assessed before the office is established.

Establish a presence for the specific project and activities covered by the applicable approval.
A Project Office is established by the foreign company for its project.
Bring international project experience to infrastructure and EPC work in India.
Coordinate teams and delivery from a project-specific Indian presence.
Review applicable rules for remittance from project operations.
Engage local vendors, professionals and project resources.
Align the office term and operating approach with the project.
Plan project operations with relevant public or private counterparties.
A Project Office can provide a foreign company with a presence in India to execute a specific project. The proposed project, contract, duration and applicable RBI requirements should be assessed before the office is established.
A Project Office is established to execute a specific project in India.
Operations should remain connected to the approved project and applicable requirements.
Income tax treatment depends on the project income and applicable provisions.
The office's permitted term is linked to the relevant project requirements and approval.

Compare the available foreign-company structures against your project, operating and market-entry requirements.
| Features | Branch Office (of Foreign Company) | Project Office (of Foreign Company) | Wholly Owned Subsidiary Company | Joint Venture | Liaison Office (of Foreign Company) |
|---|---|---|---|---|---|
| Purpose | General business activities | Execution of specific project | Full business operations | Business collaboration | Market research & liaison |
| Legal Status | Extension of foreign company | Temporary presence | Separate Indian company | Separate company / partnership | Representative office |
| Ownership | 100% by foreign company | 100% by foreign company | Separate Indian company | Shared ownership | 100% by foreign company |
| Permitted Activities | Wider business activities (as per RBI) | Project-specific activities only | Full business operations | As per JV agreement | Only liaison activities (no commercial activity) |
| RBI Approval | Required | Required | Required (FDI route) | Required (if FDI) | Required |
| Taxation | Taxed in India (on actual income) | Taxed in India (on project income) | Indian corporate tax rates | Indian corporate tax rates | No direct taxation |
| Duration | No fixed period | Linked to project period | Perpetual | As per agreement | Generally 3 years (renewable) |
| Repatriation of Profits | Allowed (as per law) | Allowed (after project completion) | Allowed (dividends) | As per JV agreement | Not applicable |
| Suitable For | Long-term market presence | Infrastructure, EPC, construction, power, telecom projects | Scalable businesses with long-term presence | Strategic partnerships | Initial market study |
Use this overview as a starting point for advice on the proposed structure and circumstances.
A structured sequence from project eligibility review and RBI application through establishment and commencement.
Review the foreign company's eligibility, project scope and supporting contract.
Compile company, project, representative and office documents.
Prepare and submit the application to RBI for review.
Coordinate responses and follow up on regulatory clarifications.
Receive in-principle approval before completing establishment steps.
Coordinate bank account, PAN, TAN and applicable registrations.
Confirm readiness to begin the approved project activities.
The exact checklist depends on the proposed entity, participants and activities. We will confirm requirements for your circumstances.
Choose a formation package based on the level of support you need. The scope can be confirmed against your requirements before proceeding.
Sector-specific advisory, contract review, tax and transfer pricing support, ongoing compliance and project closure assistance.
Get a QuoteGovernment charges, applicable taxes and third-party costs are confirmed separately as part of the proposed scope.
Common questions about Project Office formation and planning.
Perspectives shared with permission by clients of our advisory teams.
Astronis Global brought clarity and commercial focus to a complex restructuring exercise. Their advice was practical, timely and easy for our leadership team to act on.
The team understood our regulatory requirements quickly and helped us move forward with confidence. We valued their responsiveness and disciplined follow-through.
Astronis Global provided dependable support across multiple registrations and approvals. Their communication was clear, structured and consistently professional.



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