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(Querist)
19 November 2019 An Indian LLP wants to open a branch in Singapore, what will be the compliance which is to be followed in india?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
19 November 2019 Technically, No prior permission of Reserve Bank of India is required to open offices (trading or non-trading) abroad or post representatives abroad by Indian firms/companies.
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soniya

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soniya (Querist)
22 November 2019 Sir whether it falls under Direct Investment outside India?
As direct investment outside India includes only joint venture and Wholly owned subsidiary.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
22 November 2019 Yes it's direct investment.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
22 November 2019 Yes it's direct investment.
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soniya

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soniya (Querist)
25 November 2019 Thanks for helping sir
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