https://www.taxtmi.com/notifications?id=118958 The Regulations require prior Reserve Bank approval for establishment in India of branch, liaison, project or other business offices by non residents, subject to statutory exceptions. They set financial eligibility criteria or allow a parent Letter of Comfort, prescribe permitted activities by office type, require application via Form FNC through an Authorised Dealer Category I bank, impose reporting and audit obligations including an Annual Activity Certificate, govern remittance of profits and winding up proceeds, and mandate Reserve Bank clearance or additional registration for specified nationalities, sectors and regions. en-us Thu, 31 Mar 2016 00:00:00 +0530 Wed, 06 Apr 2016 12:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=118958 The Regulations require prior Reserve Bank approval for establishment in India of branch, liaison, project or other business offices by non residents, subject to statutory exceptions. They set financial eligibility criteria or allow a parent Letter of Comfort, prescribe permitted activities by office type, require application via Form FNC through an Authorised Dealer Category I bank, impose reporting and audit obligations including an Annual Activity Certificate, govern remittance of profits and winding up proceeds, and mandate Reserve Bank clearance or additional registration for specified nationalities, sectors and regions. Notifications FEMA Thu, 31 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/notifications?id=118958