Compliances Under FEMA


This query is : Resolved 

(Querist)
28 June 2010 What are the routine compliances under FEMA, 1999 in respect of Wholly Owned Subsidiary abroad?

SUBRAMONY V (Expert)
07 July 2010 Filing of APR of the wholly owned subsidiary with Authorised Dealer by 31st July is one compliance

For each overseas remittance Form ODI needs to be given to AD along with CA certificate.



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