Ozg FEMA
Consultant
Ozg Center | London | Delhi | New York | Mumbai
Phone # 09811415831-37-61-72-84-92-94
A.
General Instructions to Applicants:
The application form shall be
completed and submitted to the AD Category - I bank designated by
the applicant for onward transmission to the Chief General Manager-in -Charge,
Reserve Bank, Foreign Exchange Department, Foreign Investment Division, Central
Office, Fort, Mumbai – 400001 along with the documents mentioned in item (viii)
of the Declaration.
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No.
|
Details
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Particulars
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|
1.
|
Full
name and address of the applicant.
Date and
Place of incorporation / registration
Telephone Number(s)
Fax Number(s)
E-mail ID
|
|
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2.
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Details of
capital
i) Paid-up
capital
ii)
Free Reserves/Retained earnings as per last audited Balance
Sheet/Financial Statement
iii)
Intangible assets, if any
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|
|
3.
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Brief
description of the activities of the applicant.
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|
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4.
|
i)
Value of goods imported from and / or exported to India
by the applicant during each of the last three years:
a) Imports
from India
b)
Exports to India
ii)Particulars
of existing arrangements if any, for representing the company in India.
iii)
Particulars of the proposed Liaison/ Branch Office:
a) Details
of the activities/ services proposed to be undertaken/ rendered by the
office.
b) Place
where the office will be
located.
c) Phone
number
d) E-mail
ID
e) Expected
number of employees (with number of foreigners)
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|
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5.
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i)
Name and address of the banker of the
applicant in the home country
ii)
Telephone & Fax Number
iii) E-mail
ID
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|
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6.
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Any
other information which the applicant company wishes to furnish in
support of this application.
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|
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7.
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For
Non-profit / Non-Government Organisations:
(i)
Details of activities carried out in the host country and other countries by
the applicant organization.
(ii)
Expected level of funding for operations in India.
(iii)
Copies of the bye-laws, Articles of Association of the organisation.
|
|
DECLARATION
We hereby
declare that:
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 activities indicated in column 4(iii) (a) above.
iii) If
we shift the office to another place within the city, we shall intimate the
designated AD Category - I bank and the Reserve Bank. In the event of shifting
the Office to any other city in India,
prior approval of the Reserve Bank will be obtained.
iv) We
will abide by the terms and conditions that may be stipulated by the Government
of India / Reserve Bank / designated AD Category - I bank from time to time.
v) We,
hereby commit that we are agreeable to a report / opinion sought from our
bankers abroad by the Government of India /Reserve Bank.
vi) We
understand that the approval, if granted, is from FEMA angle only. Any other
approvals / clearances, statutory or otherwise, required from any other
Government Authority/ Department/ Ministry will be obtained before commencement
of operations in India.
vii) We
have no objection to the Reserve Bank placing the details of approval in public
domain.
viii) We
enclose the following documents:
1. Copy of the
Certificate of Incorporation / Registration attested by the Notary Public in
the country of registration
[If the original Certificate is in
a language other than in English, the same may be translated into English and
notarized as above and cross verified/attested by the Indian Embassy/ Consulate
in the home country].
2. Latest
Audited Balance sheet of the applicant company.
[If the applicants’ home country
laws/regulations do not insist on auditing of accounts, an Account Statement
certified by a Certified Public Accountant (CPA) or any Registered Accounts
Practitioner by any name, clearly showing the net worth may be submitted]
3. Bankers' Report from the
applicant’s banker in the host country / country of registration showing the
number of years the applicant has had banking relations with that bank.
(Signature of Authorised Official
of the Applicant Company)
Name:
Designation:
Place:
Date:
Ozg FEMA
Consultant
Ozg Center | London | Delhi | New York | Mumbai
Phone # 09811415831-37-61-72-84-92-94
