09 January 2015
A foreign company can easily establish its presence and business operations in India subject to foreign exchange laws and foreign direct investment policy of India. Foreign exchange laws would mainly relate to Foreign Exchange Management Act 1999 including rules there under and guidelines & notifications issued by Reserve Bank of India from time to time.
RBI is the Central Bank in India and it governs most of the issues relating to foreign exchange transactions and banking operations in India. It is also the authority for approving the establishment of liaison and branch offices of foreign companies in India.
