Foreign investment in existing pvt company
This query is : Resolved
16 January 2019
What are the procedures for the Foreign Investment in Existing private Limited Company In India .?
A foreign company plans to buy 100 Percentage shares of an existing private limited company. What are the compliance to be followed.
A foreign company plans to buy 100 Percentage shares of an existing private limited company. What are the compliance to be followed.
16 January 2019
refer to RBI circular on Foreign Direct Investment. You need to report the foreign inward remittance for the money's received from purchase of shares and subsequently submit FC-TRS once the shares are transferred. This involves various sub components such as valuation of shares, KYC of the purchaser etc. Follow the Stamp duty act for payment of stamp duty applicable for share transfer and Companies act for the necessary board approvals etc
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Manual Rectification through AO
- IT Return filed defective u/s 139 (9)
- Fixed Deposit Claim Relinquishment by the Nominee
- Defective Return - Tds on advance
- Not a CA , can we prepare balance sheet
- TCS ON SOFTWARE SALES
- Income Type for interest from government bonds
- Adjustment at the beginning of the year
- Bifurcation of prepaid expenses
- Is income taxable or receivable or received in case of LLP and company
- TDS - Form 26QB - Installment - Final payment Query
- ITR 6 Schedule CFL and UD Issues
- Gstr 9 2023-24
- GSTR-9 HSN Summary and Credit Note without item
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
Trending Online Classes
-
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
Mr.Balamurugan Ranganathan15 November 2024
CAclubindia
