FOREIGN EXCHANGE MANAGEMENT (ESTABLISHMENT IN INDIA OF BRANCH OR OFFICE OR OTHER PLACE OF BUSINESS) REGULATIONS, 2000Foreign Exchange Management (Establishment In India of Branch Or Office or Other Place of Business) Regulations, 2000
FOREIGN EXCHANGE MANAGEMENT (ESTABLISHMENT IN INDIA OF BRANCH OR OFFICE OR OTHER PLACE OF BUSINESS) REGULATIONS, 2000Foreign Exchange Management (Establishment In India of Branch Or Office or Other Place of Business) Regulations, 2000
Application to Reserve Bank for opening branch or liaison office requires Form FNC; sets Project Office eligibility and reporting conditions. Applications to establish a branch or liaison office in India must be made to the Reserve Bank through an Authorised Dealer in Form FNC; authorised ... Summary
Application to Reserve Bank for opening branch or liaison office requires Form FNC; sets Project Office eligibility and reporting conditions.
Applications to establish a branch or liaison office in India must be made to the Reserve Bank through an Authorised Dealer in Form FNC; authorised dealers may extend liaison office approval validity subject to Reserve Bank directions. Foreign companies may open Project Offices only when they have a contract with an Indian company and the project is funded by inward remittance, an international financing agency, cleared by an authority, or where the Indian contractor has a term loan; the foreign company must report specified project and contract details to the Reserve Bank regional office.
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