This step involves complying with Banking regulations to open a bank account in the name of the LO/BO.
Our experience tells us that a management should consider following parameters while choosing a bank for their banking needs in India
It is mandatory for all LO/BO registered in India to open a bank account with a bank and deposit the funds as prescribed by RBI.
The process involves filing of relevant forms and resolutions with Banks in India and liaising for opening of account & registration of signatories. Our team is equipped to assist you with all the documentation involved and would ensure timely establishment of the account without any loss of time.
For any further Questions that you may have, please feel free to write to us on LO@kdpaccountants.com
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