Liaison Office - Definition - Law Dictionary Home Dictionary Definition liaison-office

Definition :

Liaison office, means a place of business to act as a channel of communication between the Principal place of business or Head Office by whatever name called and entities in India but which does not undertake any commercial/trading/industrial activity, directly or indirectly, and maintains itself out of inward remittances received from abroad through normal banking channel. [Foreign Exchange Management (Establishment in India of Branch or Office or Other Place of Business) Regulations, 2000, Reg. 2 (e)]