Reserve Bank of India has come out vide its A.P. (DIR Series) Circular No. 02 dated 15.07.2011 for regularization of branch or liaison offices of foreign entities, established in India without obtaining its approval. Such foreign entities shall approach Reserve Bank with in a period of 90 days from the date of the circular in terms and compliance of Foreign Exchange Management (Establishment in India of Branch or Office or other Place of Business) Regulations, 2000. Further, foreign entities who have established branch or liaison offices with permission of Government of India but such branch or liaison offices have not been allotted Unique Identification Number (UIN) may also approach the Reserve Bank along with the copy of the said approval for allotment of UIN by the Reserve Bank of India.

All applications/ requests shall be submitted to Chief General Manager-in-Charge, Reserve Bank of India, Foreign Exchange Department, Foreign Investment Division, Central Office, Fort, Mumbai-400 001in form FNC through the Authorised Dealer category-1 Bank where the account of such branch or liaison offices is maintained.