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
Permitted activities for liaison offices clarified: limited to representation, export-import promotion, collaboration facilitation and communications. Schedule II under Regulation 6(i) limits a liaison office in India to non-commercial facilitative functions: representing the parent or group companies; ... Summary
Referred In :
Foreign Exchange Management (Establishment In India of Branch Or Office or Other Place of Business) Regulations, 2000
Permitted activities for liaison offices clarified: limited to representation, export-import promotion, collaboration facilitation and communications.
Schedule II under Regulation 6(i) limits a liaison office in India to non-commercial facilitative functions: representing the parent or group companies; promoting export and import between India and the parent/group; promoting technical and financial collaborations with Indian companies; and serving as a communication channel between the parent company and Indian companies.
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