Fema - outward remittance abroad
This query is : Open
20 February 2012
what is the procedure for outward financial remittance i.e. from Indian Cos to Abroad Cos?
What are the compliance's to be followed under RBI -FEMA?
Thanks in Advance
What are the compliance's to be followed under RBI -FEMA?
Thanks in Advance
20 February 2012
If you are transferring the fund through TT mode (Telegraphic Transfer), you have to give the application to Bank in Form A-1, in case of import of goods and Form-A2 in case of import of services.
This application should be enclosed with FEMA declaration, Proforma invoice, Purchase Order,Contract.
If you are transferring the money in Advance, you have to give the advance declaration on your company letter head.
This application should be enclosed with FEMA declaration, Proforma invoice, Purchase Order,Contract.
If you are transferring the money in Advance, you have to give the advance declaration on your company letter head.
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20 February 2012
If you are transferring the fund through TT mode (Telegraphic Transfer), you have to give the application to Bank in Form A-1, in case of import of goods and Form-A2 in case of import of services.
This application should be enclosed with FEMA declaration, Proforma invoice, Purchase Order,Contract.
If you are transferring the money in Advance, you have to give the advance declaration on your company letter head.
This application should be enclosed with FEMA declaration, Proforma invoice, Purchase Order,Contract.
If you are transferring the money in Advance, you have to give the advance declaration on your company letter head.
20 February 2012
If you are transferring the fund through TT mode (Telegraphic Transfer), you have to give the application to Bank in Form A-1, in case of import of goods and Form-A2 in case of import of services.
This application should be enclosed with FEMA declaration, Proforma invoice, Purchase Order,Contract.
If you are transferring the money in Advance, you have to give the advance declaration on your company letter head.
This application should be enclosed with FEMA declaration, Proforma invoice, Purchase Order,Contract.
If you are transferring the money in Advance, you have to give the advance declaration on your company letter head.
08 March 2012
Hello,
Further formalities:
If you want to invest in WOS abroad ,
Please visit the following link for more details:
http://rvseckarfema.blogspot.in/2010/09/all-about-investment-by-indian-company.html
If you want to invest in shares of foreign company under liberalised remittance scheme:
Pl visit the following link:
http://rvseckarfema.blogspot.in/2011/02/liberalised-remittance-scheme-of-usd.html
Regards
R.V.Seckar
Mobile- 09848915177
Pl do visit my blogs :
http://www.rvseckarcompanylaw.blogspot.com/
http://rvseckarfema.blogspot.com/
http://rvseckarindianlaws.blogspot.com
Further formalities:
If you want to invest in WOS abroad ,
Please visit the following link for more details:
http://rvseckarfema.blogspot.in/2010/09/all-about-investment-by-indian-company.html
If you want to invest in shares of foreign company under liberalised remittance scheme:
Pl visit the following link:
http://rvseckarfema.blogspot.in/2011/02/liberalised-remittance-scheme-of-usd.html
Regards
R.V.Seckar
Mobile- 09848915177
Pl do visit my blogs :
http://www.rvseckarcompanylaw.blogspot.com/
http://rvseckarfema.blogspot.com/
http://rvseckarindianlaws.blogspot.com
31 August 2017
Hi Mr RVSekar, With regards to investment in JV by India National, what is time to remit the money to outside India for acquiring shares of foreign company
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