Fema / rbi

This query is : Resolved 

12 November 2014 A resident indian has to subscribe for the shares in the unlisted company in UK. He will be one of the Director/ promoter of the said company. Do we need to get prior approval from RBI. Kindly let me know the procedure involved in this transaction.


Thanks,
Suresh

18 November 2014 What is the amount?
.
.
http://www.rbi.org.in/scripts/FAQView.aspx?Id=66

follow this link of RBI for details.


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