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Liaison Office in India: Building Bridges

A Liaison Office's main purpose is market research and establishing connections without engaging in direct business activities.

Unique Characteristics of a Liaison Office:

• Operational Limits: Prohibited from conducting commercial activities.

• Financial Constraints: Cannot borrow/lend money and operates on funds remitted from the parent company.

Activities a Liaison Office Can Undertake:

• Represent the parent company.

• Promote trade interests.

• Foster financial/technical collaborations.

• Serve as a communication medium.