EXECUTION OF PROJECT UNDER BRANCH OFFICE

[Guest]

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???

[Mahir S]

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

AI Summary

NGO in Sri Lanka to decide between project or branch office in India per RBI circular guidelines. An NGO based in Sri Lanka, engaged in research activities, has received a project from an Indian trust. The query involves whether the NGO should execute the project through a project office or a branch office in India. The response refers to an RBI circular detailing the eligibility criteria for establishing a branch or liaison office in India, suggesting that the NGO consult this document for guidance on the appropriate office setup for executing the project.