Paragraph 3.7 Other Conditions on Investment Besides Entry Conditions
- Chapter
- 3 · General Conditions on FDI
- Text as on
- As issued 15 October 2020; Press Notes since are not applied
3.7 OTHER CONDITIONS ON INVESTMENT BESIDES ENTRY CONDITIONS
3.7.1 Besides the entry conditions on foreign investment, the investment/investors are required to comply with all relevant sectoral laws, regulations, rules, security conditions, and state/local laws/regulations.
3.7.2 Establishment of branch office, liaison office or project office or any other place of business in India shall be governed by the Foreign Exchange Management (Establishment in India of a branch office or a liaison office or a project office or any other place of business) Regulations, 2016. Further, acquisition or transfer of immovable property in India by citizens of certain countries shall be regulated as per the relevant provisions under the Foreign Exchange Management (Non-Debt Instruments) Rules, 2019, as amended from time to time.