banner_ad

foreign nationals moa subscriber

This query is : Resolved 
Profile Image

Profile Image

(Querist)
09 September 2012 Hello Sir, I need your help. I am going to register a Pvt Ltd Company where out of 2 MOA subscriber 1 is from Netherland and he want to subscribe 80% of Total Shares. Auth Capital is Rs.100000 so foreign nationals Subscribe Rs.80000 and as per Notification No. FERA 143/93-RB, dated 26-4-1993 issued by RBI, only upto Rs.10000 can invest in general premission. so i want to know about the procdure to take premission from RBI. The Company is going to start Software IT sector business. Please Help
Profile Image

CA. Anuj Gupta

Profile Image

CA. Anuj Gupta (Expert)
11 September 2012 FERA has been replaced by FEMA.


Anuj
femaquery@gmail.com
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news


Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details
Company
19 May 2026
Accountant

ca kunjan

Mumbai

CA Inter

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details