Upgrade of Liaison Office to Branch Office allowed under automatic route with AD approval when entity eligible Conversion of a Liaison Office into a Branch Office is permitted under the automatic route when the overseas entity satisfies the eligibility criteria for ... Summary
Upgrade of Liaison Office to Branch Office allowed under automatic route with AD approval when entity eligible
Conversion of a Liaison Office into a Branch Office is permitted under the automatic route when the overseas entity satisfies the eligibility criteria for a branch under general permission; the upgrade is effected with the approval of the authorised dealer bank, following Reserve Bank advice, and applies to liaison, branch and project offices under FEMA.
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