FEMA Related issue
This query is : Resolved
23 May 2009
Hi All.
A foreign investor is investing in Hotel. The hotel has decided to sell gift vouchers to its investors.
What are the FEMA related implications on such sales?
A foreign investor is investing in Hotel. The hotel has decided to sell gift vouchers to its investors.
What are the FEMA related implications on such sales?
24 May 2009
can you explain:-
1. what kind of voucher is it?
2.How sale proceed from such voucher come in India?
1. what kind of voucher is it?
2.How sale proceed from such voucher come in India?
25 May 2009
Hi....
Its the gift vouchers. Like, in some of the malls, they issue gift vouchers saying u can buy upto Rs. 500 using the vouchers. Hope your first query is clarified?
the second question i didnt understood
Its the gift vouchers. Like, in some of the malls, they issue gift vouchers saying u can buy upto Rs. 500 using the vouchers. Hope your first query is clarified?
the second question i didnt understood
25 May 2009
The second question is :-
1. How the company will receive money from foreign investor?
Anyway, the hotel can sell voucher subject to FEMA regulation
1. How the company will receive money from foreign investor?
Anyway, the hotel can sell voucher subject to FEMA regulation
26 May 2009
The member of Foreign investor is in India itself. May i know what are the fema regulations
26 May 2009
Hi
The Complete issue is like this. A foreign investor has invested in the beauty salon in india. It is the major share holder of the salon. One of the CFO investment advisor of the foreign venture is residing in India. Now, the issue is the salon wants to sell the gift vouchers which is encashable only in the salon and using that the products cannot be bought.
Can salon sell the gift vouchers? bcoz its major share holder is foreign investor. A company or firm whose major portion of investment is held by Foreign ventures can sell gift vouchers or not is my query now? is there any fema regulation for this transaction
The Complete issue is like this. A foreign investor has invested in the beauty salon in india. It is the major share holder of the salon. One of the CFO investment advisor of the foreign venture is residing in India. Now, the issue is the salon wants to sell the gift vouchers which is encashable only in the salon and using that the products cannot be bought.
Can salon sell the gift vouchers? bcoz its major share holder is foreign investor. A company or firm whose major portion of investment is held by Foreign ventures can sell gift vouchers or not is my query now? is there any fema regulation for this transaction
22 July 2023
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