Re-imbersements of Expenses to Foreign Sister Concern

Malav Shah (Company Secretary and AVP Legal)   (171 Points)

05 October 2009  

 

 
Hi Friends 
 
Company A (Indian company) is engaged in providing equity research through a website (i.e we are service providers). Company A wants to re-imberse certain amount of Expenses, which was incurred by Company B (Foreign Sister Concern). 
 
Is there any company compliance required under FEMA or any other regulations.
 
Regards
Malav