The official stuff begins

We have decided to try and open a branch office of our business in India. There is a two fold outcome from doing this.

1. It could get us an employment visa for our entry into India
2. Will provide job opportunities for nationals of India

Our company is in the IT sector which is an area that Bangalore is exploding with and an area that needs technicians etc. We don't want to have a branch office just for the sake of having a branch office. If we can truly help provide job opportunities and train people in IT then eventually we can see us being in a more management roll and not so hands on thus freeing up our time for other things. I like the slogan that Business for millennium development have:
" Improve business, reduce poverty "

The first step towards setting up a branch office is to get permission for the Reserve Bank of India (RBI). In order for us to get this process going we need to get our current business audited. I am taking in our business records tomorrow to our accountant to get our end of the financial year records completed and then they are going to pass it on to the auditors.

I feel like this is the first official step towards India. Once we get permission from the RBI then we can look at getting the branch office registered. We are taking one step at a time and learning as we go. I am not sure what time frame we will be looking at as I have heard various reports of it taking a few weeks to nine months. ( I could have another baby in that time!)