Reg. Holding Company
This query is : Resolved
11 June 2009
Dear All,
Please help me in solving this:
Say, we are a public ltd company in India having three subsidiaries in Sharjah, UK and Bangladesh.
If we make Sharjah subsidiary the holding company of UK & Bangladesh, in this case what should be the modus operandi as well as each and every angles say cost/benefit analysis etc. in which we should look in this matter.
Can anyone guide me on this?
Ragdards,
Kamalesh Veram
CA Final student
Please help me in solving this:
Say, we are a public ltd company in India having three subsidiaries in Sharjah, UK and Bangladesh.
If we make Sharjah subsidiary the holding company of UK & Bangladesh, in this case what should be the modus operandi as well as each and every angles say cost/benefit analysis etc. in which we should look in this matter.
Can anyone guide me on this?
Ragdards,
Kamalesh Veram
CA Final student
11 June 2009
1. Transfer shareholding of UK and Bangladesh company from Indian company to Sharjah company.
2. Simultaneously transfer consideration (can be remittance OR issue of share capital ) to Indian Company.
Be sure about Foreign exchange regulation,tax implication on transfer of shareholding. Transaction cost would include professional fees, share issue costs, share transfer costs and compliance costs.
Benefits have to be understood connsidering objective of transaction.
1. Transfer shareholding of UK and Bangladesh company from Indian company to Sharjah company.
2. Simultaneously transfer consideration (can be remittance OR issue of share capital ) to Indian Company.
Be sure about Foreign exchange regulation,tax implication on transfer of shareholding. Transaction cost would include professional fees, share issue costs, share transfer costs and compliance costs.
Benefits have to be understood connsidering objective of transaction.
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