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<h1>RBI Clarifies Approval Process for Foreign Entities Establishing Offices in India Under Foreign Exchange Management Regulations 2000.</h1> The circular clarifies the requirements for foreign entities to establish Liaison Offices (LO), Branch Offices (BO), or Project Offices (PO) in India. Foreign entities need prior approval from the Reserve Bank of India (RBI) as per the Foreign Exchange Management Regulations, 2000. However, foreign companies can open a PO without prior approval if they have a contract with an Indian company to execute a project, subject to certain criteria. Non-Government Organizations, Non-Profit Organizations, and Foreign Government Bodies must apply for permission through the Government Route. Authorized Dealer Category-I banks are advised to inform their clients of these regulations.