I want to be commission agent of foreign suppliers in india pl guide?

Question

I want to be commission agent of foreign suppliers in india pl guide?

Answer 1

Form for applying for registration in respect of Indian Authorized Representatives \ Agents of Foreign Supplier.

1

Name of Foreign Supplier



2

Address



3

First time supplier of equipment to MoD



4

Equipment to be supplied



5.

Particulars of RFP being responded to



6

Name of proposed Authorized Representative



7

Whether Authorized Representative is in his capacity as :-

   1. Individual

   2. Partnership firm

   3. Limited Company

   4. Public Company



8

Terms of payment to the Authorized Representative whether :-

   1. On retainer basis

   2. Reimbursement of expenses

   3. Commission basis

   4. Combination of either of those above



9.

Information regarding Authorized Representative

a) Address of the nominee

   2. Since when established in business

   3. Since when established in this business

   4. Name & Address of Chief Executive

   5. Names & Addresses of Directors \ Partners

   6. If nominee are retired civilians \ armed forces employees, then details regarding

   1. Date of retirement.

   2. Rank.

   3. Last posting in Government.

   4. Whether permission taken from government for seeking re-employment.

   2. Principal place of business.

   3. Details of partners \ agency \ offices abroad.



10

Information regarding Authorized Representative

a) Previous professional background.

b) Details of previous dealings with the MoD.

c) Details of current business



11

Information regarding Authorized Representative

   1. Details of permanent income tax account number.

   2. Name & address of bankers in India and abroad.



12

   1. Obligations \ duties of the Agent.

   2. Areas in which he would represent the Principal – Trials, PNC, fulfillment of post contractual commitments etc.



13

Scale of commission proposed



14

a) Undertaking that no other middleman, sales consultant or Adviser employed.

b) Agreement to abide by the laws of India.

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http://mod.nic.in/newadditions/repssi.ht...

Answer 2

its better to be agent of indian products to other countries its more profitable and easy