Poonawalla fincorps
Poonawalla fincorps

foreign investment

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(Querist)
04 March 2011 Can a Indian national acquire shares in a US Incorporation. If so, are there any approvals required to remit money to US towards the share capital
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CA. Anuj Gupta

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CA. Anuj Gupta (Expert)
09 March 2011 Yes the indian national can invest upto USD 200,000 per financial year in buying shares in US Corporation.

Anuj
9810106211

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