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
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 office establishment applications require financial disclosures, security information, activity restrictions, and supporting incorporation and banking evidence. Form FNC requires overseas applicants seeking to establish a branch, liaison or project office in India to provide incorporation, financial, business, ... Summary
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 office establishment applications require financial disclosures, security information, activity restrictions, and supporting incorporation and banking evidence.
Form FNC requires overseas applicants seeking to establish a branch, liaison or project office in India to provide incorporation, financial, business, banking and proposed-office particulars through the designated AD Category-I bank. Additional approval cases require disclosures regarding directors, significant shareholders and criminal or preventive-detention proceedings. Applicants must confine operations to stated activities, avoid activities covered by the Foreign Contribution Regulation Act, 2010, and accept that false information may make FEMA approval void ab initio. Supporting incorporation, financial, banking and authority documents must accompany the application.
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