https://www.taxtmi.com/forms?id=885 Application for a FFMC licence under section 10(1) of FEMA, 1999 requires identity and corporate documents, memorandum clause authorising money changing, directors' details, banker's confidential report, audited accounts with auditor's certificate of Net Owned Funds, declarations of no pending investigations, undertaking to post competent staff and comply with Reserve Bank directions, nomination of authorised foreign exchange persons, and supporting particulars; enclosures and minimum Net Owned Funds thresholds for single and multi branch operations are specified. en-us Mon, 02 Nov 2009 11:29:00 +0530 Thu, 04 Jul 2024 12:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forms?id=885 Application for a FFMC licence under section 10(1) of FEMA, 1999 requires identity and corporate documents, memorandum clause authorising money changing, directors' details, banker's confidential report, audited accounts with auditor's certificate of Net Owned Funds, declarations of no pending investigations, undertaking to post competent staff and comply with Reserve Bank directions, nomination of authorised foreign exchange persons, and supporting particulars; enclosures and minimum Net Owned Funds thresholds for single and multi branch operations are specified. Forms FEMA Mon, 02 Nov 2009 11:29:00 +0530 https://www.taxtmi.com/forms?id=885