Author name: Aditya Agrawal

A foreign company can enter India through a liaison office that represents it, a branch office that earns from the activities on RBI’s list, or a subsidiary that runs any business its sector allows, and the three differ in approval, tax, liability and exit.

A US company entering India chooses between investing in an Indian subsidiary, joint venture or LLP and opening a branch, liaison or project office, and each route has its own approver, limits and first-year filings.