https://www.taxtmi.com/acts?id=2351 Applications to establish a branch or liaison office in India must be made to the Reserve Bank through an Authorised Dealer in Form FNC; authorised dealers may extend liaison office approval validity subject to Reserve Bank directions. Foreign companies may open Project Offices only when they have a contract with an Indian company and the project is funded by inward remittance, an international financing agency, cleared by an authority, or where the Indian contractor has a term loan; the foreign company must report specified project and contract details to the Reserve Bank regional office. en-us Sat, 19 Jan 2008 22:45:54 +0530 Thu, 26 Jun 2025 11:41:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=2351 Applications to establish a branch or liaison office in India must be made to the Reserve Bank through an Authorised Dealer in Form FNC; authorised dealers may extend liaison office approval validity subject to Reserve Bank directions. Foreign companies may open Project Offices only when they have a contract with an Indian company and the project is funded by inward remittance, an international financing agency, cleared by an authority, or where the Indian contractor has a term loan; the foreign company must report specified project and contract details to the Reserve Bank regional office. Act-Rules FEMA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=2351