Hi Everyone!
What is the method of payment and remittance/ credit of sale proceeds in case of transfer of shares between resident and non-resident?
Hi Everyone!
If a person resides in India for more than 182 days in the previous Financial Year for tourist purpose, whether he will be considered as PRI (Person resident in India) under Foreign Exchange Management Act, 1999?
Hi Friends!
What are the instructions for the transfer of shares between a resident buyer and a non-resident seller or vice-versa of shares against deferred payment?
Hello all,
Whether donation given by Non-Resident Indians (NRIs) is treated
as ‘foreign contribution’?
Hi Everyone!
Resident individuals (but not permanently resident in India) can remit up to net salary after deduction of taxes. However, if he has exhausted the limit of USD 2,50,000 as net salary remittance and desires to remit any other income under LRS is it permissible as the limit will be over and above USD 2,50,000?
Dear Concerns,
Can persons resident in India subscribe to bonds (foreign currency/INR) issued by eligible ECB borrowers in overseas centers or IFSCs as permitted in the ECB framework?
What are the compliance for issue of dividend to non resident ? Please confirm
Click here to view / answer Share it onRequired First Board resolutions Agendas specifically including the authorisation to the Indian Resident Director for executing various responsibilites on behalf of the Board in WOS in India.
Please do share.
Issue of shares under Employees Stock Options Scheme and/or sweat equity shares to person resident outside India
Dear Member,
1. Whether any filing under FEMA required?
2. Where stamp duty will be paid; (in country of execution, India or both).
Dear Fellow Professionals
We are providing Resident Directors for Companies on a Regular or Temporary basis.
Who needs this Service and How can we help you?
Every Company who is required to appoint one Director for fulfilling the Legal Obligation and Accomplices. Including Companies who are looking for a Director or Authorised Representative who will Appear before Regulatory Authorities on Behalf of our Client.
We will appoint one of our team members as the Resident Director for your company who will sign all the Key Corporate Documents which are obligatory to be signed by the Director to comply with the Legal Requirements. Our fees for Resident Director Services will depend upon the level of risk in the business the same shall be provided on request.
We also provide Registered Office Address services for our clients at PAN India level.
Dear Members,
One query w.r.t. transfer of share from resident to non resident
pls specify the reporting compliance under RBI and co. Act
like FC-TRS and section 56 for transfer of shares etc.