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What is the procedure for opening the Branch/Liaison office in India by a foreign company?

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What is the procedure for opening the Branch/Liaison office in India by a foreign company?

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Foreign company has to obtain the prior permission of Reserve Bank. For this purpose a foreign company should apply in Form FNC.l to the Central Office of Reserve Bank of India located in Mumbai. Whether permission is also required to open a project office in India. No.

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