Very very urgent....

This query is : Resolved

amit jain (Querist)
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05 March 2012 Dear all,
One of my clients wants to team up with there Japanese counterparts for a joint venture in textile sector. My question is it allowed for the Japanese company to transfer funds to India n if there is any limit....also can they form LLP or Pvt Ltd. Co.is better.
Please help.

CA. Anuj Gupta

CA. Anuj Gupta (Expert)
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06 March 2012 What exactly will the joint venture do in textile sector ?

For LLP permission of FIPB is required whereas for pvt. ltd. Company, depending on the sector, no permission of RBI/FIPB is required.

Anuj
+91-9810106211
femaquery@gmail.com

amit jain

amit jain (Querist)
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23 March 2012 Dear Sir,

Thanks for Replying.

They will manufacture handmade textile products & whether this will fall under SSI route or under automatic route. Plz Clarify.

Thanks in Advance
Amit Jain

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