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Establishment of Branch Offices/Units in Special Economic Zones

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.... 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 companies to establish Branch Offices/Units in Special Economic ....

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....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 India; * No-objection or Tax clearance certificate from Income-Tax authority for....

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