A method and an electronic device for establishing, at a first electronic device, a communication link between the first electronic device and at least one other electronic device in a Near Field Communication (NFC) network are provided. The method includes setting up an underlying Media Access Control (MAC) link; sending a Parameter Exchange (PAX) command for exchanging parameters concerning a Logical Link Control Protocol (LLCP) to at least one other electronic device; receiving a response PAX command for exchanging parameters concerning the LLCP from at least one other electronic device; and establishing the communication link between the first electronic device and the at least one other electronic device based on the received response PAX command.