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ARTICLE · 12 OCTOBER 2016

Procedure, Method And List Of Documents For Deploying A Project Workplace In Asian Countries

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RBI has liberalized and simplified the the procedures for institution of Project Offices in Asian countries. General permission has been granted to foreign entities for fitting Project Office(s) in Asian country.

IndiaCorporate/Commercial Law
AJSH & Co
AJSH & Co

RBI has liberalized and simplified the the procedures for institution of Project Offices in Asian countries. General permission has been granted to foreign entities for fitting Project Office(s) in Asian country. This permission is subject to the adherence to the provisions of Regulation four, and Regulation five of the FEMA Regulation No. twenty two that bury alia includes the subsequent conditions to be glad.

  1. It's secured from associate Indian company a contract to execute a project in India; and
  2. The project is funded by inward remittal from abroad; or
  3. The project is funded by a bilateral or tripartite International Finance Agency; or
  4. The project has been cleared by associate applicable authority; or

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