Foreign Investment

Hello,

U can form a WOS in Indonesia and acquire the existing mine in Indonesia.

or an  Indian company can purchase the enitre shareholdings of Indonesian company and have control over the same

Please click the following link to know more about the procedures :

https://rvseckarfema.blogspot.com/2011/02/procedure-for-investing-in-wos-in.html

But this ceiling of 400% of Net worth is not applicable if investment is out of funds raised thru ADR/GDR, or balances in Exchange Earners' Foreign Currency account of the Indian party.

Regards

R.V.Seckar

Pl do visit my blogs :

https://www.rvseckarcompanylaw.blogspot.com/

https://rvseckarfema.blogspot.com/

https://rvseckarindianlaws.blogspot.com

Respected Sir

thanks you for your quick reply, but sir does law of Indonesia permitt WOS. And what is JV then is it same as WOS?

and which option is better haveing JV or having WOS?