jeets (CS ) (461 Points)
22 August 2011
CA. Anuj Gupta
(Practices in NRI Int.Tax FEMA TP FDI/FIPB & FCRA)
(7024 Points)
Replied 23 August 2011
| Originally posted by : jeets | ||
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Hello Experts, Can a foreign company remit money to its Indian subsidiary to meet the day to day expenses or sundry client expenses? What are the compliances attached to it if any ? Please advice. Thanks, |
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Money from foreign holding Co. can't come in for meeting the day to day expenses or sundry client expenses.
You need to properly evaluate whether to bring in loans ,Share capital or charge for services by indian company to foreign Company.
There are taxation angels also involvd in the same .
Anuj
+91-9810106211
femaquery @ gmail.com
jeets
(CS )
(461 Points)
Replied 07 September 2011
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