Foreign investment
This query is : Resolved
Querist : Anonymous
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
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
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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