https://www.taxtmi.com/circulars?id=11713 Establishment of Liaison, Branch and Project Offices by foreign entities in India requires RBI approval or compliance with specified general permissions; applications are filed in Form FNC via designated AD Category I banks and evaluated under Reserve Bank or Government routes against eligibility criteria including track record and minimum net worth. Liaison Offices are limited to non commercial representative roles and funded by inbound remittances, Branch Offices may carry out prescribed commercial activities but not retail or manufacturing, and Project Offices receive general permission subject to qualifying contracts and funding. All offices must obtain UIN and PAN, submit Annual Activity Certificates and audited accounts, and comply with reporting, remittance and closure procedures. en-us Mon, 02 Jul 2012 00:00:00 +0530 Tue, 03 Jul 2012 16:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=11713 Establishment of Liaison, Branch and Project Offices by foreign entities in India requires RBI approval or compliance with specified general permissions; applications are filed in Form FNC via designated AD Category I banks and evaluated under Reserve Bank or Government routes against eligibility criteria including track record and minimum net worth. Liaison Offices are limited to non commercial representative roles and funded by inbound remittances, Branch Offices may carry out prescribed commercial activities but not retail or manufacturing, and Project Offices receive general permission subject to qualifying contracts and funding. All offices must obtain UIN and PAN, submit Annual Activity Certificates and audited accounts, and comply with reporting, remittance and closure procedures. Circulars FEMA Mon, 02 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/circulars?id=11713