08 November 2014
A Japanese Entrepreneur ( Main promoters) wants to incorporate a company in India for import of Japanese products and sell the same in India with other Japanese colleagues and Indian friends. The proposed equity contribution would be as under:
Main promoters- 76 % of total share Other Japanese Colleague- 8% of total share Indian Promoters- 16% of total shares
please advice:
1. whether there is any Prohibition/ restriction for capital structure
2. the Japanese promoters intend to repatriate the dividend. whether any approval of RBI is required?
CAclubindia
