Establishment of Branch Offices/Units in Special Economic Zones

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....in Foreign Exchange Madam / Sirs, Establishment of Branch Offices/Units in Special Economic Zones Attention of Authorised Dealers is invited to A. P. (DIR Series) Circulars Nos. 28 dated March 30, 2001, 91 dated April 1, 2003 and 29 dated October 18, 2003, extending various facilities to units in Special Economic Zones. 2. It has been decided to grant General Permission to foreign comp....

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....lities of the applicant, and indicating the manner of disposal of assets; ii) Confirming that all liabilities in India including arrears of gratuity and other benefits to employees etc. of the branch/office have been either fully met or adequately provided for; iii) Confirming that no income accruing from sources outside India (including proceeds of exports) has remained unrepatriated to Ind....