Easy Office
Easy Office

Can a foreign national can invest in a indian pvt ltd compay

This query is : Resolved 

18 January 2016 Hello Sir,

I want to whether a person or company of USA can invest in a private limited company in India. What is the procedure and taxation on the profit distributions.

Thanks
Bhupender Singh

Profile Image

Guest

Profile Image

Guest (Expert)
19 January 2016 Yes - he can invest. But if your business is in "approval" list of RBI, you have to get prior approval. If your business is in "Prohibited" list of RBI, you cannot invest. Depending on your nature of business I can advise you

27 January 2016 Dear Sir,
I also want to know how can he get back his share of profit , is there any tax charge or any other duty to be paid in india or in his country..

Thanks
Bhupender Singh


Profile Image

Guest

Profile Image

Guest (Expert)
27 January 2016 The corporate tax rate + dividend distribution tax totally comes to nearly 48%. Balance dividend he can take it.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries