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What financial criteria are required to be fulfilled for setting-up a BO/LO (Branch Office or Liaison Office) in India?

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Fayaz Fayaz
Answered on February 13,2020

The non-resident entity applying for a BO/LO in India should have a financially sound track record as below:

  • For BO: A profit making track record during the immediately preceding five financial years in the home country and net worth of not less than US$100,000 or its equivalent
  • For LO: A profit making track record during the immediately preceding three financial years in the home country and net worth of not less than US$50,000 or its equivalent
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