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of <h1>Central Government to Set Rules for Foreign LLPs in India, Referencing Companies Act 2013 for Compliance and Regulation.</h1> The Central Government is authorized to establish rules for foreign limited liability partnerships (LLPs) operating in India. This involves setting up a business presence and conducting business activities by applying or modifying provisions from the Companies Act, 2013, or another prescribed regulatory framework. These rules aim to regulate the establishment and operation of foreign LLPs within India, ensuring compliance with local laws and standards.
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