Submitted By: Prashant
RBI Master Direction: Setting Up Foreign Offices in India
This Master Direction consolidates the RBI guidelines governing the establishment and operation of Branch Offices (BO), Liaison Offices (LO) and Project Offices (PO) in India by foreign entities. It covers eligibility criteria, application procedures, banking arrangements, annual activity reporting, permitted activities, extension of approvals, closure, transfer of assets and other compliance requirements under FEMA.
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