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Company legal

Practise 262 views 1 replies

Hi,

My Client wants to set up Joint Venture in India with three international firms based in Australia, England and US. None of these firms have their branches or office in India. Client wants Property acquisition in the name of Joint Venture and funds will be invested by Client. Client will pay only one time fees to these international firms for this association. what is the legal applicability in this case? How Client can set up?

Replies (1)

It will be termed as Foreign company and taxed @ 40%

Get your clients company registered with registrar.


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