Response to this Question

    RBI guidelines have defined activities for a foreign company under following broad categories-

    Activities that a foreign company is freely allowed to engage in without obtaining any permission (Automatic Route)
    Activities that a foreign company is allowed to participate subject to conditions / permission (Approval Route)
    Activities that a foreign company is prohibited to engage in (Prohibited Activities) These activities are further elaborated under various circulars of RBI under FEMA.


Date : 29-Oct-2019 

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