List of Support Agent

Requirement and Procedure of Registered Agent

To obtain a No Objection Certificate (NOC) for any type of foreign fund through the Indian International Economic Service (IIES), it is mandatory to apply through an agent registered under the Department of Economic Affairs (DEA).

Applications submitted without a registered agent will not be accepted, as these agents are well-versed in all NOC-related procedures, documentation, and regulations. They also possess prior experience in handling such cases, ensuring transparency and efficiency throughout the process.

Any registered agent is permitted to charge a maximum service fee of up to 2% of the total foreign fund amount or a daily professional fee ranging from ₹3,500 to ₹10,000.

If any agent demands an amount beyond the prescribed limit, a formal complaint can be filed with the Department of Economic Affairs (DEA).

All payments related to NOC services must not be transferred to the agent’s personal account. Instead, the payment should be made only to the State Bank of India (SBI) professional account issued by the Ministry specifically for registered agents.