<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Establishment of Liaison Office (LO) / Branch Office (BO) / Project Office (PO) in India by Foreign Entities – Clarification.</title>
    <link>https://www.taxtmi.com/circulars?id=11823</link>
    <description>Foreign persons must obtain prior regulatory approval to establish Liaison, Branch or Project Offices in India; project offices may be opened under general permission only where a contract with an Indian company exists and prescribed conditions are met. Foreign NGOs, non-profit entities and foreign government bodies are governed by the Government Route and must apply to the Reserve Bank for prior permission. Authorised Dealer Category I banks are to notify their constituents, and these directions operate alongside any other statutory approvals that may be necessary.</description>
    <language>en-us</language>
    <pubDate>Mon, 17 Sep 2012 00:00:00 +0530</pubDate>
    <lastBuildDate>Tue, 18 Sep 2012 10:20:00 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=266054" rel="self" type="application/rss+xml"/>
    <item>
      <title>Establishment of Liaison Office (LO) / Branch Office (BO) / Project Office (PO) in India by Foreign Entities – Clarification.</title>
      <link>https://www.taxtmi.com/circulars?id=11823</link>
      <description>Foreign persons must obtain prior regulatory approval to establish Liaison, Branch or Project Offices in India; project offices may be opened under general permission only where a contract with an Indian company exists and prescribed conditions are met. Foreign NGOs, non-profit entities and foreign government bodies are governed by the Government Route and must apply to the Reserve Bank for prior permission. Authorised Dealer Category I banks are to notify their constituents, and these directions operate alongside any other statutory approvals that may be necessary.</description>
      <category>Circulars</category>
      <law>FEMA</law>
      <pubDate>Mon, 17 Sep 2012 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/circulars?id=11823</guid>
    </item>
  </channel>
</rss>