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FOREIGN OWNED AND CONTROLLED COMPANIES (FOCC) UNDER FEMA

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A foreign business can establish a physical presence in India by opening a liaison office, branch office, or project office, among other options. These offices, however, retain the label of a foreign corporation and are thus not permitted to operate with the same freedom as domestic businesses. They are also not eligible for the various benefits given to domestic businesses, such as t... https://www.corpzo.com/foreign-owned-and-controlled-companies-focc-under-fema

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