Fema
This query is : Open
13 January 2012
Hi friends,
can anyone please tell me what is the FEMA procedure, when shares are allotted to an American national for consideration other than cash.
Please suggest friends...
can anyone please tell me what is the FEMA procedure, when shares are allotted to an American national for consideration other than cash.
Please suggest friends...
16 January 2012
Refer master circular for foreign investment in India. You should be able to work out. In case of issue cavishalshah@gmail.com
16 January 2012
thanks sir, I saw but I could not get the exact steps.
The shares are allotted to a usa nation for this knowledge. there is no money coming in. In my random understanding FEMA is applicable, but what form it need to file....no idea. please suggest.
The shares are allotted to a usa nation for this knowledge. there is no money coming in. In my random understanding FEMA is applicable, but what form it need to file....no idea. please suggest.
16 January 2012
Conversion of ECB / Lumpsum Fee / Royalty / Import of capital goods y SEZs in to Equity/ Import payables / Pre incorporation expenses
Above are permissible allotment types for non cash consideration.
Form FC GPR is common form for all fresh allotments which needs to be filed in 30 days of allotment
Above are permissible allotment types for non cash consideration.
Form FC GPR is common form for all fresh allotments which needs to be filed in 30 days of allotment
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