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Question ID : 1180

Foreiign Subsidiary company

A company corporated USA, by NRI, wants to set up a subsidiary company dia. What are the procedures to be followed ?

Can the NRI, holdlg major shares USA, become the share holder of the subsidiary also?

Mohamed Shafi
shafi78647@yahoo.com '

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Posted by Mohamed Shafi on Dec 28, 2005
Filed Under INTERNATIONAL BUSINESS

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