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Prior approval

Sunil Gupta

is there any prior approval required for opening of liason office/appointing representative in UAE and what is the resttrictions/limitations on remittances for meeting out the expendiure of maintaining the office in abroad (UAE).

Prior approval for liaison office establishment governed by foreign exchange regulations; consult applicable notifications and circulars. Whether prior approval is required for establishing a liaison office or appointing a representative in the UAE and what restrictions apply to remittances for meeting overseas office expenditures; guidance is to consult the applicable foreign exchange regulatory framework and associated notifications and circulars for procedural requirements and compliance obligations. (AI Summary)
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Surender Gupta on May 13, 2008
You need to refer the FEMA regulations and notification with circulars available on this site.
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