FEMA COMPLIANCE

Gaurav (Finance) (57 Points)

18 February 2009  

DEAR ALL,

AN INDIAN COMPANY IS A WHOLLY OWNED SUBSIDIARY OF A FOREIGN COMPANY. NOW THE FOREIGN COMPANY PAYS SOME EXPENSES ON BEHALF OF INDIAN COMPANY.

WHAT WILL BE THE FEMA COMPLIANCE REQD. IN THIS REGARDS?

WILL IT GET COVERED UNDER ECB/FDI GUIDELINES ISSUED BY RBI?

THANKS IN ADVANCE

GAURAV