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Issue ID: 108201
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EXECUTION OF PROJECT UNDER BRANCH OFFICE

Date 05 Mar 2015
Replies 1 Reply
Views 1685 Views
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Branch or project office eligibility governs whether a foreign NGO can implement an India-funded project from a project office or must open a branch.
Whether a foreign NGO may execute an India-based project from a project office or must operate through a branch depends on the Reserve Bank of India eligibility criteria for establishment of Branch, Liaison or Project Offices; the RBI circular and accompanying FAQs set out the conditions, permitted activities, documentation and approval procedures that determine when a project office is permissible versus when a branch is required. (AI Summary)
Hello, Is NGO whose registered office is in Sri Lanka and doing research activities and who got a project from Indian trust, is whether liable to execute this project from project office or it should be execute it from branch office???
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Replied on Mar 7, 2015
1.

Please refer RBI Circular No. RBI/2009-2010/278 - A. P. (DIR Series) Circular No. 23 dated 30.12.2009 regarding Eligibility Criteria for Establishment of Branch / Liaison Office in India or click on following link :-

http://rbi.org.in/Scripts/NotificationUser.aspx?Id=5441andMode=0

Also refer Q. 10 of the following clarification provided on the said issue :-

http://rbi.org.in/scripts/FAQView.aspx?Id=100

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