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
Sunil Gupta
Prior approval for liaison office and representative appointment under FEMA: consult FEMA regulations for remittance and approval rules. Whether prior approval is required under FEMA for opening a liaison office or appointing a representative in the UAE and restrictions on remittances for overseas office expenditure are governed by FEMA regulations, related notifications and circulars; consult those instruments for specific approval procedures and remittance conditions. (AI Summary)
TaxTMI