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FDI Investment

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(Querist)
20 May 2021 A client was importing electronic devices from Hongkong and selling it in India via ecommerce platform. Supplier now want to invest in the clients company for a an 50% stake approx.
Please let me know the procedure and documentation or checklist to be followed

Thanks in Advance
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
22 May 2021 India has taken liberal stand to the extent allowed FDI for cash and carry wholesale trading, B2B transactions, Single Brand product retailing, etc,. ... FDI up to 51 % with prior Government approval (i.e. FIPB) for retail trade of Single Brand products, subject to Press Note 3 (2006 Series).
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CMA Omkar.TIlve

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CMA Omkar.TIlve (Querist)
30 May 2021 Thank you so much sir.. I shall refer the same
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