As a measure towards improving the ease of doing business, procedure for Establishment of Branch Office (BO)/Liaison Office (LO)/Project Offices (PO) in India by Foreign entities simplified https://www.taxtmi.com/news?id=16014 Approval authority for establishment of foreign Branch Offices, Liaison Offices and Project Offices in India has been delegated to authorised dealer banks except in specified sensitive sectors and for certain countries, while entities awarded contracts by government authorities or public sector undertakings receive automatic approval to open bank accounts; foreign entities may establish BO/LO/PO without registering as domestic companies or trusts. en-us Tue, 12 Apr 2016 18:37:10 +0530 Tue, 12 Apr 2016 18:37:10 +0530 TaxTMI RSS Generator As a measure towards improving the ease of doing business, procedure for Establishment of Branch Office (BO)/Liaison Office (LO)/Project Offices (PO) in India by Foreign entities simplified https://www.taxtmi.com/news?id=16014 Approval authority for establishment of foreign Branch Offices, Liaison Offices and Project Offices in India has been delegated to authorised dealer banks except in specified sensitive sectors and for certain countries, while entities awarded contracts by government authorities or public sector undertakings receive automatic approval to open bank accounts; foreign entities may establish BO/LO/PO without registering as domestic companies or trusts. News - Tue, 12 Apr 2016 18:37:10 +0530 https://www.taxtmi.com/news?id=16014