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Foreign investment

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Querist : Anonymous

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Querist : Anonymous (Querist)
09 August 2011 My client wants to incorporate a Private Limited Company and issue 49% equity shares to his NRI friend.


The funds will be utilised for real estate and construction.

Just wanted to understand whether any specific laws and regulation will be applicable apart from Company Law, Income Tax and FEMA
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Devesh Pandey

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Devesh Pandey (Expert)
09 August 2011 Dear Friend no specific law will be applicable but do not forget to comply FEMA
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