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of <h1>RBI Regulates Foreign Entities Setting Up Branches in India under FEMA Act, 1999; Updated in 2016.</h1> The Foreign Exchange Management (Establishment in India of Branch or Office or Other Place of Business) Regulations, 2000, issued by the Reserve Bank of India under the Foreign Exchange Management Act, 1999, governs the establishment of branches, offices, or other business places in India by persons residing outside the country. These regulations aim to prohibit, restrict, and regulate such establishments to ensure compliance with foreign exchange laws. This notification, originally published in May 2000, was later superseded by a subsequent notification in March 2016.
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