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Ovesease investment by indivisual resident

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(Querist)
21 August 2012 I as individual can start pvt ltd.co (small)
in Singapore.? with a relative who is NRI.

Thanks
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CA. Anuj Gupta

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CA. Anuj Gupta (Expert)
22 August 2012 No,

FEMA specifically prohibits that.

However something can be planned if the case details are known.

Anuj
femaquery@gmail.com

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