Rbi or fema query

This query is : Resolved

vinay M K (Querist)
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02 January 2014 Indian Co. wants to start its Subsidiary co. in US, 100 % equity stake is of Indian co.
What type of RBI & FEMA regulation apply for the same?
Kindly guide on the same.

Nikhil Kaushik online

Nikhil Kaushik online

(Expert)
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02 January 2014 please refer RBI master circular on Direct Investment by Residents in Joint Venture (JV) /Wholly Owned Subsidiary (WOS) Abroad

http://rbi.org.in/scripts/BS_ViewMasCirculardetails.aspx?id=8100

and
FAQs on the same topic

http://www.rbi.org.in/scripts/FAQView.aspx?Id=32