Foreign Exchange Management (Establishment in India of a branch office or a liaison office or a project office or any other place of business) Regulations, 2016
Foreign Exchange Management (Establishment in India of a branch office or a liaison office or a project office or any other place of business) Regulations, 2016
Regulation 3 - Prohibition Against Opening a Branch office or a liaison office or a Project office or any other Place of Business in India
Foreign Exchange Management (Establishment in India of a branch office or a liaison office or a project office or any other place of business) Regulations, 2016 Chapter 01
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Foreign establishment approval governs overseas entities opening Indian offices, subject to banking, insurance, and SEZ branch exemptions. Persons resident outside India require prior approval of the Reserve Bank to open a branch office, liaison office, project office, or other place of ... Summary
Foreign establishment approval governs overseas entities opening Indian offices, subject to banking, insurance, and SEZ branch exemptions.
Persons resident outside India require prior approval of the Reserve Bank to open a branch office, liaison office, project office, or other place of business in India, unless an exception applies. Banking and insurance companies are exempt where they hold the requisite sectoral approvals. Branch offices in Special Economic Zones may undertake manufacturing or service activities without approval where full foreign direct investment is permitted, foreign-company compliance requirements are met, and the office operates on a stand-alone basis.
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