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<h1>Foreign Entities Must Comply with New RBI Regulations Governing Establishment of Business Offices in India Under FEMA</h1> The Reserve Bank of India issued regulations under the Foreign Exchange Management Act to govern the establishment of foreign business offices in India. These regulations prohibit, restrict, and regulate branch, liaison, project, or other business offices established by non-resident entities. The regulations supersede previous notifications and came into effect upon publication in the Official Gazette, providing a comprehensive framework for foreign business presence in India.