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<h1>Establishment of Liaison/Branch Office: FEMA approval requires submission through authorized bank and prescribed documents and declaration of confined activities.</h1> Form FNC requires submission through the applicant's designated AD Category I bank to the Reserve Bank of India, supplying corporate details, capital, activity description, import/export history with India, proposed office particulars, banker details and supporting documents. The declaration confines activities to those stated, mandates notification or prior RBI approval for relocations, confirms that FEMA approval is distinct from other statutory clearances, permits RBI to seek bankers' reports abroad, and allows public disclosure of approval. Enclosures include a notarised Certificate of Incorporation, audited balance sheet (or certified net worth statement) and a bankers' report.
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