Lex comply

    FDI in LLP

    Posted By : Kamal / Published on : 30-Jul-2021 01:10 PM / View : 69 / Comment : 0
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    Dear friends

    In one of our client LLP...there we two designated partners, who till last year we Resident Indians..

    Now with covid-19 and all they are stuck up abroad for more than a year and hence their status has changed to Non Resident Indian...

    Now the LLP is planning to get FDI

    So with two existing NRIs and further fdi the LLP will be a Non Resident entity

    What will be the compliances for the entity with such changed status or how this entity will be treated in the eyes of law

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