https://www.taxtmi.com/acts?id=20750 Persons resident outside India require prior approval of the Reserve Bank to open a branch office, liaison office, project office, or other place of business in India, unless an exception applies. Banking and insurance companies are exempt where they hold the requisite sectoral approvals. Branch offices in Special Economic Zones may undertake manufacturing or service activities without approval where full foreign direct investment is permitted, foreign-company compliance requirements are met, and the office operates on a stand-alone basis. en-us Wed, 06 Apr 2016 12:22:40 +0530 Tue, 08 Sep 2026 18:20:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=20750 Persons resident outside India require prior approval of the Reserve Bank to open a branch office, liaison office, project office, or other place of business in India, unless an exception applies. Banking and insurance companies are exempt where they hold the requisite sectoral approvals. Branch offices in Special Economic Zones may undertake manufacturing or service activities without approval where full foreign direct investment is permitted, foreign-company compliance requirements are met, and the office operates on a stand-alone basis. Act-Rules FEMA Wed, 06 Apr 2016 12:22:40 +0530 https://www.taxtmi.com/acts?id=20750