Pratik Panda (Co-Founder Finlab.in) (28 Points)
04 December 2014Dear Members,
Please let me know maximum persentage of stakeholding/shareholding by a Non Resident Indian in a LLP firm?
ANTONY EDGAR
(CA in Practice)
(89 Points)
Replied 31 December 2014
As per the RBI circular on FDI in LLP, one of the eligibility criteria for accepting FDI by an LLP is that the LLP should be in a sector in which 100% FDI is allowed under automatic route.
Hence, an LLP which is eligible to accept FDI can have 100% shareholding by Non Resident Indians
CAclubindia
