Home Acts & Rules FEMA Old_Provisions Foreign Exchange Management (Establishment In India of Branch Or Office or Other Place of Business) Regulations, 2000 This
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Schedule I - Regulation 6(i) - Foreign Exchange Management (Establishment In India of Branch Or Office or Other Place of Business) Regulations, 2000Extract Schedule I [See Regulation 6(i)] Permitted activities for a branch in India of a person resident outside India (i) Export/Import of goods (ii) Rendering professional or consultancy services. (iii) Carrying out research work, in which the parent company is engaged. (iv) Promoting technical or financial collaborations between Indian companies and parent or overseas group company. (v) Representing the parent company in India and acting as buying/selling agent in India. (vi) Rendering services in Information Technology and development of software in India. (vii) Rendering technical support to the products supplied by parent/group companies. (viii) Foreign airline/shipping company.
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