24 September 2015
We want to start a business in india and for that we are ready to invest $50000 and $100000 will be given by an american citizen so what should be the exact root for the funds to be recieved in indian business from USA?
one more thing to be kept in mind is that american citizen prefers to invest in an american entity for being safe and then he (american citizen) wants that that american entity will then invest the funds in india now question is what should be the root for the investment by that american company in india.
25 September 2015
but in FDI b2b is allowed and b2c is not allowed
like wallmart it is doing business with foreign investment from other countries and wallmart is showing its business in the form of b2b only
and we want a business model for such thing so that there would be no non compliance of RBI provisions, FEMA provisions as well as any other taxation laws like income tax act or any other act in india.
26 September 2015
Are you interested in ONLY e commerce?
My understanding of FDI is somewhat on the following lines.
India’s foreign direct investment (FDI) policy went through successive relaxations since 1991. The scope of FDI expanded gradually from manufacturing to services and infrastructure sectors. As of now almost all the sectors are open for FDI to varying degrees except for a very few prohibited ones. The domestic trading sector was also opened in various phases. Full foreign ownership was allowed in wholesale trading as early as in 1997.
28 September 2015
Dear amol (expert), we want to start online business that is to make websites in india so that people come at it & place there order online for such things listed at websites but I THINK as per indian fdi laws etc a foreigner cannot invest in india along with us in such business as FDI in such type of business but we want foreign fundings as well as my boss's own funding
28 September 2015
The restriction on foreign investment in B2C e-retail has forced many online business entities with foreign investment to adopt the marketplace model. In this model, the online company runs a website which provides the marketplace— a platform for business transactions between buyers and sellers. In return for the services provided, the online company earns commission from the sellers. Thus, the marketplace model is compliant with the FDI policy of India as the online business entity providing the marketplace does not involve itself in any retail transaction or any direct sale to the consumer.
28 September 2015
but dude we want to start online business in india on which my boss will invest 50000$ and will have 90% profit sharing and one american person/entity will invest $100000 and will earn 10% profit sharing (as my boss have "know how" in online trading etc and we will list some products on internet and customer will demand things same as flipkart and WE/MY BOSS WILL SEND THE GOODS TO PERSON IE. ONLINE TRADING SUCH type of buss. is known as B2C in india and my qus. is : in such buss FDI is not allowed
so what practice should we adopt to make it possible??
28 September 2015
one more thing to be kept in mind is that american citizen prefers to invest in an american entity for being safe and then he (american citizen) wants that that american entity will then invest the funds in india now question is what should be the root for the investment by that american company in india.
CAclubindia
