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Procedures to enter
This information illustrates a simple
step-by-step procedure for setting up an industry in
AP.
Setting
up an industry in Andhra Pradesh is simple and
straightforward. The State Government actively
supports investment, both foreign direct investment
and domestic investment in manufacturing, mining and
infrastructure sectors. The Commissioner of
industries of the State Government, assists the
investor in all the aspects of establishing
industrial ventures in Andhra Pradesh. It is the
nodal agency for investment promotion in Andhra
Pradesh.
The
Commissioner of Industries can provide one stop
professional service. It offers a complete package
of assistance. More specifically, the Commissioner
of Industries can Provide information to enable an
investor to choose the best possible location for an
operation taking into account the requirements -
e.g.- availability of labor, transport and other
specific commercial needs.
Assistance
-
Information
on how to set up an industrial venture in Andhra
Pradesh
-
Information
on fiscal incentives
-
Help
in obtaining statutory clearances/ approvals
under Central / State laws.
-
Arranging
infrastructure requirements such as land, power,
water etc.
-
Arrange
contacts for entering into joint ventures with
domestic industrial corporate houses.
Options
for entry in Andhra Pradesh
As a
Foreign Company :
-
Liaison
Office
-
Branch
Office
-
Project
Office
As
an Indian Company :
-
Joint
Venture with an Indian Partner
-
100%
Subsidiary
Formation
of an Indian Company
The
options for setting up an Indian Company include
-
Private
Limited Company
-
Public
Limited Company
The
Requirements for the formation include the following
:
-
Obtaining
name approval form the Registrar of Companies
(ROC)
-
Submission
of Memorandum and Articles of Association for
approval to the ROC
-
Obtaining
Certificate of Incorporation from the ROC
-
Obtaining
Certificate of Commencement of Business (for
Public Limited Companies)
Obtaining
Approval for Foreign Investments
Automatic
Route - Reserve Bank of India (RBI)
1.
50% Equity participation
a) For mining of Iron ore
b) Mining of Metal ores other than Iron ore which
includes :
(Mining of
Uranium group ores is not covered)
Mining of
Manganese ore
c) Mining of Non-Metallic Minerals (Not elsewhere
classified)
-
Mining
and quarrying of rock aggregates, sand and
clays.
-
Mining
/ quarrying of minerals for construction other
than rock aggregates, sound and clays.
-
Mining
of fertilizer and chemical minerals
-
Salt
mining and quarrying including crushing,
screening and evaporating in pans
-
Mining
of mica.
-
Mining
of other non-metallic minerals.
2.
51% Equity Participation.
3.
74% Equity Participation
4. 100%
Equity Participation
Foreign
Investment Promotion Board (FIPB) Route
(Ministry of Industry, Govt. of India, Udyog
Bhavan, New Delhi)
Ministry
of Industry, Govt.of India
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