The Foreign Exchange Management (Establishment in India of a Branch Office, Liaison Office, Project Office, or any other Place of Business) Regulations, 2016, represent a significant milestone in India’s foreign exchange regulatory framework. These regulations were introduced under the supervision of the Foreign Exchange Management Act (FEMA) 1999, and they reflect India’s evolving strategy towards foreign direct investment and its growing involvement in the global economy. These regulations provide structured and comprehensive instructions for foreign entities that wish to establish a business presence in India, covering various forms such as branch offices, liaison offices, project offices, and other similar entities.