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 05, 2019
Filed Under
INTERNATIONAL BUSINESS
Please read FEMA regulations relating to investment abroad....You can also remit money under LRS
Posted by
SIVADAS CHETTOOR on
Jan 25, 2025