ESTABLISHMENTOF OVERSAES OFFICE

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..... ESTABLISHMENTOF OVERSAES OFFICE
Query (Issue) Started By: - MAMTA BATRA Dated:- 1-3-2011 Last Reply Date:- 7-3-2011 FEMA
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FEMA
Whether Form OBR is required to be filed .....

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..... with AD to establishment overseas branch at the time of making initial remittances? Awaiting your prompt reply. Reply By Anuj Gupta: The Reply: The Indian firm/companies should submit applications .....

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..... to their bankers (authorized dealers) in form OBR along with the particulars of their turnover duly certified by their auditors and also a declaration to the effect that they have not approached/would .....

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..... not approach any other authorized dealer for the facility being applied for. The application form OBR needs to be filled in with necessary details along with supporting documents. After which the f .....

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..... oreign exchange is released by the authorized dealer (bank).
Discussion Forum - Knowledge Sharing .....

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