Where is FIPB and whar it's functions?

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richardm1964

Offshore Agent
I know FIPB is definitely related to investment and with some regulatory framework of promoting business. Exactly I don't it's relevance to formation of companies and their functions.Can anybody clear my doubts?
 

mneilson

Corporate Services
Business Angel
The abbreviation of FIPB is Foreign Investment Promotion Board. It is a statutory Board established by Government of India to examine and approve all investments likely to be made by foreign companies in India whether wholly or through it's subsidiaries.
 

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