https://www.taxtmi.com/acts?id=20751 Foreign office establishment approval requires financial eligibility, permitted activities, Form FNC application and timely opening of the approved office. Liaison offices have limited validity and restricted extension for Non-Banking Financial Companies and specified construction and development entities. Project offices require an Indian project contract supported by prescribed funding or clearance conditions. Branch profit and project surplus remittances require audited accounts and Chartered Accountant certification. Branch, liaison and project offices must meet Annual Activity Certificate requirements, while closure requires proof of asset disposal, satisfaction of Indian liabilities, absence of legal impediments and compliance with applicable winding-up remittance requirements. en-us Wed, 06 Apr 2016 12:23:27 +0530 Wed, 09 Sep 2026 12:24:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=20751 Foreign office establishment approval requires financial eligibility, permitted activities, Form FNC application and timely opening of the approved office. Liaison offices have limited validity and restricted extension for Non-Banking Financial Companies and specified construction and development entities. Project offices require an Indian project contract supported by prescribed funding or clearance conditions. Branch profit and project surplus remittances require audited accounts and Chartered Accountant certification. Branch, liaison and project offices must meet Annual Activity Certificate requirements, while closure requires proof of asset disposal, satisfaction of Indian liabilities, absence of legal impediments and compliance with applicable winding-up remittance requirements. Act-Rules FEMA Wed, 06 Apr 2016 12:23:27 +0530 https://www.taxtmi.com/acts?id=20751