Kindly share the procedure regarding foreign company investing fund in Indian company.
company
indian
investment
foreign
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? If you have any sample please attach the same.
Click here to view / answer Share it onOne of the Private Limited Company in India dealing in software services. One Foreign entity situated in USA is providing software services to the Indian Company. Foreign entity is not having any place of establishment in India and providing services from USA. Foreign entity will raise Bills for their services. Now the query is: 1.Whether the Indian Company has to deduct any TDS? At what percentage? 2.Whether there is any requirement of Form No.15CA and Form No.15CB? 3.Whether is there any requirement of Indian PAN for Foreign entity? 4.Any prior permission of Reserve Bank of India required?
Click here to view / answer Share it onDear 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.
it can be FDI funds which is equity or convertible instruments and
Non FDI i.e. debt through ECB route
please see the RBI master directions and Cons FDI policy
india
outside
borrowings
Two british citizens OCI applied for incorporation of a new private limited company and they are the directors of the company to be incorporated. But their DIR-3 KYC filed already shows as Indian National and accordingly when we give the DIN number and click prefill button, the nationality comes as Indian.- When Spice forms filed, passport attache which shows British citizen and accordingly in DIR-2 we have shown as British Citizen but MCA asked to resubmit rectifying the nationality. When we prepared form DIR-6 showing change in nationality, permanent and present address has to be given. In DIR-6, there is no column for OCI. Can we show the permanet and present address as indian address.
Though they are british citizen they have been staying in India for the last five years.
Can we file form DIR-6 changing the nationality from Indian to british Nationality.? is it in order.
Members handled the similar case may guide in this respect.
Dear Members,
Kindly reply to the query mentioned in the subject matter.
Thanks in advance.
Thanks & Regards,
Shweta Gupta
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,
Please clarify whether BEN-2 filing is required by the Reporting Indian Subsidiary company:
(1) The Reporting Company is an Indian subsidiary company which has only two foreign body corporate shareholders with 99.98% and 0.02 % equity shareholding respectively.
(2) These two foreign body corporate shareholders has further body corporates only as a shareholders.
(3) If I go to the ultimate holding company also then also the shareholding is divided into different body corporates only and none of the individuals are holding more than 10% holding anywhere.
Please advise and revert back if any further clarification is required.
Thanks & Regards
Hirali Shah
Company Secretary
Dear Members,
Does Companies (Indian Accouting Standards) Rules, 2015 is applicable to private company.
Private company is a joint venture company and one of its shareholder is listed on NSE and BSE.
Please guide.
Rgds
Devansh
rules
standards
accouting
indian
applicability
Dear Members,
I would want to know can a foreign company get registration in India?
india
company
foreign
registration
Dear Members,
In a Lease Deed , the area of lease is defined as 50% of the total area but which 50% is not mentioned, i.e. 50% of front or 50% of back.
Is the Deed is voidable under section 20 as a matter of mistake of fact?
Please give your comments.
