Question ID :
36962
FORMATION OF NEW COMPANY OUT OF INDIA (CHINA)
Facts of the case-
The Assessee is engaged in the Manufacturing-cum-Trading business and wants to incorporate a company/joint venture in foreign country (china) and make some investment by the Indian Company and some by Chinese Investors.
Query-
1) what is the procedure for investment in Chinese Company by Indian company?
2) The RBI & FEMA compliances in the said case?
3) Please suggest what will be tax compliance under these transactions?
posted by
GOPAL KUMAR AGRAWAL
on
Feb 5 2019 12:00AM