Service Details
Project Office (PO)
For foreign companies executing specific contracts or infrastructure projects in India.
What is a Project Office?
A Project Office (PO) is a temporary establishment set up to execute a specific project awarded to a foreign company by an Indian client. It allows the foreign entity to operate in India during the contract period and is regulated under FEMA and RBI rules.
Why Choose a Project Office Setup
- Required for EPC, infrastructure, and turnkey project execution
- Complies with RBI automatic route for certain contract types
- Allows remittance, invoicing, and hiring for project purposes
- Suitable for government contracts and World Bank-funded projects
- Avoids full incorporation while allowing localized presence
How We Help with Project Office Setup
- Assess eligibility under automatic route or RBI approval route
- Assist with contract vetting and banker documentation
- Drafting and filing of PO Setup application with the AD Bank/MCA
- Obtain PAN, TAN, GST, and open project-specific bank account
- Help with payroll setup, contractor agreements, and reporting
- Guide closure of PO after project ends (Form FC-TRS, repatriation filings)
Common Use Cases
- Foreign construction or infrastructure companies
- International EPC firms executing Indian power, road, or energy projects
- Equipment suppliers installing systems under Indian government tenders
FAQs
1. Can POs receive payments from Indian clients?
Yes — in Indian currency, for the project only.
2. Is RBI approval required?
Not if eligibility under the automatic route is met (contract from Indian party + inward funding).
3. What happens when the project ends?
The PO must be closed with FEMA and ROC documentation. We assist in smooth repatriation and closure filings.