31 August 2009
Hello Sir, My client (Domestic Co.) wants to set up a Joint venture (Pvt. Ltd. Co.) with a foreign company with foreign Co. having a stake of 51 %. The authorised capital is proposed to be Rs.10 Cr. I dont no the procedure , rules regarding FDI & other compliance regarding it. & since the authorized capital is Rs. 10 Cr do i need the permission of the FIPB ( Foreign Investor Promotion Board ) Plz send me some data & specific links for it. Reply urgent. Thanks in advance
This is a high end work and requires various permissions, documentation and compliance of other FEMA formalities. U can contact me on shauryamitra@gmail.com
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