Foreign subsdiary investing in indian holding company
This query is : Resolved
01 February 2016
1.An Indian Private Limited Company is holding a 100% subsdiary in a foreign country.
2.Direcotrs in both the companies are same.
3.Can this Foreign subsdiary give loans to Indian Holding Company ?
a)What are the implications under Companies Act 2013
b) How about RBI regulations. It is Automatic or RBI approval is required
2.Direcotrs in both the companies are same.
3.Can this Foreign subsdiary give loans to Indian Holding Company ?
a)What are the implications under Companies Act 2013
b) How about RBI regulations. It is Automatic or RBI approval is required
02 February 2016
Yes can give loan but follow RBI compliances:
Loan from foreignor to india fall under ECB Guidelines.
You have to follow ECB Guidelines
Loan from foreignor to india fall under ECB Guidelines.
You have to follow ECB Guidelines
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
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- TDS U/S. 194NF
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- Applicable TDS rate for sale of property in Nov 2024
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- GST ON EXPORT COMMISSION
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- 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
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
