The .NET does not encourage the use of COM component directly inside the managed application! Although, the .NET framework contains utilities that enable COM components to be used inside the .Net applications seamlessly. How it is done? The .NET utilities like TlbImp generates the wrapper .NET assembly for the COM component which provides the same calling interface to the client as exposed by the COM component. Inside the wrapper methods, it calls the actual methods of the COM component and returns the result back to the caller. The generated wrapper .NET assembly is called the ‘Runtime Callable Wrapper’ or RCW.
To use a COM component in your Visual Studio.NET project, you need to add a reference of the COM component in the Reference node of the project node of the solution inside the solution explorer window. The great thing about Visual Studio.Net is that it allows you to add a reference to the COM component in exactly the similar way as you add the reference to the .NET assembly. The Visual Studio.NET automatically creates the runtime callable wrapper assembly for the referenced COM component.
To add a reference to a COM component, right click the ‘Reference’ node under the project node inside the solution explorer and select the ‘Add Reference…’ option. It will show you a user interface screen where you browse for the target COM component. When you have selected the component, press the ‘Select’ button and then press OK. This will add a new reference node in the Reference sub tree of the project. By selecting the added reference node, you can edit its properties from the properties window.
Note: The process of importing a COM component into .NET is called ‘COM interoperability with .NET’