LIAISON OFFICE
‘Liaison Office is a place of business to act as a channel of communication between the Principal place of business and the entities in India. Liaison Office is a popular option for foreign investors exploring the Indian market for the first time.
Foreign companies can open a liaison office in India to facilitate and promote the parent company’s business activities, and act as a communication channel between the foreign parent company and Indian companies.
The Foreign Exchange Management Act (FEMA) governs the application and approval process for the establishment of a liaison or branch office in India. Approval from Reserve Bank of India (RBI) must be obtained by the foreign entities to operate liaison office in India.
