Dear Sir,
An Indian company issued equity shares to Foreign Company. Now the query is whether the Foreign Company can gift those shares to an Indian or any one of the shareholder / Director of Indian Company.
On receipt of funds on issue, all FEMA procedures were followed. Whether any FEMA compliance is required on transfer via gift?.
Question is;
1. Whether the foreign company can gift the shares?
2. As no money in paid (as it is a gift), FEMA will apply?
3. FC-TRS can be filed through Authorised Dealer the Bank (in case of transfer of shares for a consideration), here in gift as there is no money paid (incase of gift) no AD is involved.
Kindly advise.
Dear Members,
The scheme of Bonus issue has been approved by Shareholders and one of them is a Foreign Company for which FIRMS has to be filed ?
Please advice......
Bonus shares shall be issued out of capitalizing Security Premium Account.
Thanks in Advance....
Dear All
I want to incorporate a company with one foreign shareholders who is presently residing in India only permanently(husband indian )
Digital signature is obtained
while filing for incorporation, will i need any attestations?
help kit says
"Foreign National being Subscriber-cum-Director not having valid DIN
SPICe (INC-32) with apostillised MOA and apostillised AOA as attachments.
Back"
pls guide . does all pages of MOA and AOA needs to be attested?
what about Passport and other documents.. do they need to be attested too?
incorporation
during
director
shareholder
foreign
If an nri who is a representative of foreign LLc is signing moa aoa in India
Will moa and aoa be required physical or we can attach emoa and eaoa
incorporation
subsidiary
foreign
Hi All,
Can a subsidary of foreign company located in India issue multiple times right issues during a FY.
All shares were issued to the foreign holding company(99.5% held by foreign holding).
Please share your views.
Thanks & Regards
CS Ishmavel J
company
foreign
subsidiary
question
Dear members,
My Client is a director in a foreign company who does not have PAN. How do I report the same against the column “Whether you were Director in a company at any time during the previous year?"
Kindly suggest !!!
Dear members
when one partner of LLP is Indian and other is Foreign National Residing abroad, how the LLP agreement is signed? if we get signed the agreement first from Indian partner and then send to Foreign National by courier to his address and he signs there in abroad and then sends back to us for filing, will it be ok? whether the signing of Foreign partner is required to be notarized & apostilled? any other way?
Thank You.
Dear All,
As per ICSI webinar, it is stated that BEN-1 from foreign Individual should be notarized and apostilled.
Others views solicited. Thanks
individual
foreign
Sir,
In the case of company incorporation of an Indian co. Where 2 members are there and both are foreigner .
Kindly suggest how we get CG approval as in resubmission mail MCA has asked foriegn member to take CG approval before becoming the member in Indian co.
Regards,
Priyam Gupta
Mail id - cspriyam1990@gmail.com
Mobile no. -9804128482
member
foreign
incorporation
Dear Members,
I would want to know can a foreign company get registration in India?
india
company
foreign
registration
Hi All!
I want to obtain DIN of a person to be appointed as Director in my Company who is a foreigner. Kindly tell me whether we need an Indian phone number or foreign phone number for the same.
Dear All,
Please let me know whether the foreign holding company can gift one share to resident director.? if Yes. FCTRS needs to be filed.?
