Directorship and shareholding by Non Resident
This query is : Resolved
Trupti Bapu Kumbhar
(Querist)
01 February 2011
i require detailed procedure for DIN of non resident for investing in Indian Company having busness of Human Resource providing.
please convey me the cap on equity for FDI in Indian Pvt. Ltd. Co. having object of providing human resource service.
please convey me the cap on equity for FDI in Indian Pvt. Ltd. Co. having object of providing human resource service.
CA. Anuj Gupta
(Expert)
09 March 2011
The DIN procedure has been revised recently.
If the Human resource Service is the only object of Company then 100% FDI is allowed, however the same needs to deeply checked based on the case specific facts.
Anuj
0-9810106211
If the Human resource Service is the only object of Company then 100% FDI is allowed, however the same needs to deeply checked based on the case specific facts.
Anuj
0-9810106211
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