| Industrial
venture in AP |
 |
Detailed
Map
How to start an Industrial
Venture in Andhra Pradesh
Each step dealt in detail under
relevant menu header
I. Obtain information on investment opportunities the State of Andhra
Pradesh offers in Manufacturing & Infrastructure sectors
II. The options for Foreign Investors to
decide on entry strategy
As a Foreign Company
Liaison Office
Branch Office
Project Office
As an Indian Company
Joint Venture with an Indian Partner
100% Subsidiary
III. Formation of an Indian Company
The options
· Private Limited Company
· Public Limited Company
The procedure
Obtain Name approval from the Registrar of Companies (ROC)
Submit Memorandum and Articles of Association
for approval to the ROC
Obtain Certificate of Incorporation from the ROC
Obtain Certificate of Commencement of
Business (for Public Limited Companies)
IV. Obtain Project clearance
Large / Medium Industries (Under the purview of Central Government)
Apply for Industrial License where
License is compulsory
- for 14 specified items
- for items reserved for Small Scale Industries (SSI) sector
- for units located within 25 Kms of cities having population of 1 million.
(Hyderabad & Visakhapatnam in Andhra
Pradesh)
· Industrial Entrepreneurs Memorandum
(IEM) for delicenced
industries
· Permission for 100% EOU
· Approval for Foreign Technical Collaboration
Small Scale / Ancillary (Under the purview of State Government)
Provisional Registration from District Industries Centre
Note: In respect of Foreign Direct Investment
(FDI), the RBI / FIPB issues a
composite clearance for Foreign Investment along with IL / IEM
V. Obtain Approval for Foreign Investment
Automatic Route for equity participation thro Reserve Bank of India (RBI)
Up to 50% for 3 activities related to mining industry
Up to 51% for 48 priority industries
Up to 74% for 9 industries
Up to 100% for NRIs and OCBs in the specified list of high
priority industries
Foreign Investment Promotion Board
(FIPB) Route
(Ministry of Industry, Govt. of India, Udyog Bhavan,New Delhi)
· For specified industries listed under the Automatic route when
equity is > 50% / 51%/ 74%
· For other industries (upto any percentage)
Ministry of Industry, Govt.of India
· Small Scale Sector
· 100% EOUs / Export Processing Zone (EPZ) Units
VI. Project Implementation
|
