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RBI Circular: 90 Days for Liaison Office (LO) to Get Unique Identification Number

Under the provisions of FEMA, 1999, a person resident outside India requires the prior approval of the Reserve Bank of India for establishing a Liaison Office (LO) /Branch Office (BO) in India.However, RBI noted that many Liaison Office are functioning in India without its approval. Reserve Bank of India has issued Circular providing 90 days...

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