Very very urgent....
This query is : Resolved
05 March 2012
Dear all,
One of my clients wants to team up with there Japanese counterparts for a joint venture in textile sector. My question is it allowed for the Japanese company to transfer funds to India n if there is any limit....also can they form LLP or Pvt Ltd. Co.is better.
Please help.
One of my clients wants to team up with there Japanese counterparts for a joint venture in textile sector. My question is it allowed for the Japanese company to transfer funds to India n if there is any limit....also can they form LLP or Pvt Ltd. Co.is better.
Please help.
CA. Anuj Gupta
(Expert)
06 March 2012
What exactly will the joint venture do in textile sector ?
For LLP permission of FIPB is required whereas for pvt. ltd. Company, depending on the sector, no permission of RBI/FIPB is required.
Anuj
+91-9810106211
femaquery@gmail.com
For LLP permission of FIPB is required whereas for pvt. ltd. Company, depending on the sector, no permission of RBI/FIPB is required.
Anuj
+91-9810106211
femaquery@gmail.com
23 March 2012
Dear Sir,
Thanks for Replying.
They will manufacture handmade textile products & whether this will fall under SSI route or under automatic route. Plz Clarify.
Thanks in Advance
Amit Jain
Thanks for Replying.
They will manufacture handmade textile products & whether this will fall under SSI route or under automatic route. Plz Clarify.
Thanks in Advance
Amit Jain
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