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What are the activities that are permitted to be undertaken by Liaison Office in a company?
What are the activities that are permitted to be undertaken by Liaison Office in a company?
Rahul
Answered on February 13,2020
Answered on February 13,2020
The list of activities provided by the RBI for the LO to undertake is as follows:
- Representing the parent company / group companies in India
- Promoting export / import from / to India
- Promoting technical/ financial collaborations between parent / group companies and companies in India
- Acting as a communication channel between the parent company and Indian companies
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