https://www.taxtmi.com/circulars?id=53684 The Master Circular consolidates RBI rules under FEMA 1999 governing foreign entities establishing Liaison, Branch and Project Offices in India: applications via AD Category - I banks in Form FNC, eligibility based on profit track record and minimum net worth, distinct permissible activities by office type, reporting obligations including annual activity certificates and DGP notification, conditions for extensions and closures, general permission criteria for Project Offices and foreign currency accounts, and special restrictions on certain nationalities and property acquisition. en-us Wed, 01 Jul 2015 00:00:00 +0530 Tue, 14 Jul 2015 16:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=53684 The Master Circular consolidates RBI rules under FEMA 1999 governing foreign entities establishing Liaison, Branch and Project Offices in India: applications via AD Category - I banks in Form FNC, eligibility based on profit track record and minimum net worth, distinct permissible activities by office type, reporting obligations including annual activity certificates and DGP notification, conditions for extensions and closures, general permission criteria for Project Offices and foreign currency accounts, and special restrictions on certain nationalities and property acquisition. Circulars FEMA Wed, 01 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/circulars?id=53684