https://www.taxtmi.com/circulars?id=52875 Establishment of foreign Liaison, Branch and Project Offices in India requires prior permission under FEMA routed through AD Category I banks to the Reserve Bank or, where applicable, the Government Route. Eligibility turns on sectoral FDI permissibility, prescribed track record and minimum net worth or parental Letter of Comfort. Approved offices receive a Unique Identification Number, must obtain tax registration, and comply with reporting, annual audit certification, and RBI/AD scrutiny; closure and remittance require auditor certificates, tax clearance and RBI specified documentation. en-us Tue, 01 Jul 2014 00:00:00 +0530 Wed, 25 Mar 2015 16:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=52875 Establishment of foreign Liaison, Branch and Project Offices in India requires prior permission under FEMA routed through AD Category I banks to the Reserve Bank or, where applicable, the Government Route. Eligibility turns on sectoral FDI permissibility, prescribed track record and minimum net worth or parental Letter of Comfort. Approved offices receive a Unique Identification Number, must obtain tax registration, and comply with reporting, annual audit certification, and RBI/AD scrutiny; closure and remittance require auditor certificates, tax clearance and RBI specified documentation. Circulars FEMA Tue, 01 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/circulars?id=52875