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of <h1>Legal Framework for Foreign Company Branch Setup Requires Comprehensive Financial Comfort Letter with Parent Company Guarantees</h1> The a standardized Letter of Comfort format under Foreign Exchange Management Regulations for establishing a branch or liaison office in India. The parent company commits to providing financial support and assumes liability for the subsidiary's operations, including enclosing audited financial statements to demonstrate financial capability. This letter serves as a formal undertaking to support the subsidiary's business activities within the regulatory framework.
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