Conversion of private ltd company to wholly owned subsidiary
This query is : Resolved
04 July 2017
Can anyone please guide me how a private limited company can be converted into a wholly owned subsidiary of a foreign company. I need to know the entire procedure to carry out this conversion. Please reply. Thanks in advance.
14 July 2017
This is not a formal conversion like Private to Public or Public to private.
By acquiring entire share capital of a private limited company, a foreign company can become holding company and such private limited company can become wholly owned subsidiary of such foreign company.
By acquiring entire share capital of a private limited company, a foreign company can become holding company and such private limited company can become wholly owned subsidiary of such foreign company.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- TDS U/S. 194NF
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Import license renewal
- GST ON EXPORT COMMISSION
- Inventory of finished goods
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
Trending Online Classes
CAclubindia
