Foreign investment in existing pvt company
This query is : Resolved
16 January 2019
What are the procedures for the Foreign Investment in Existing private Limited Company In India .?
A foreign company plans to buy 100 Percentage shares of an existing private limited company. What are the compliance to be followed.
A foreign company plans to buy 100 Percentage shares of an existing private limited company. What are the compliance to be followed.
16 January 2019
refer to RBI circular on Foreign Direct Investment. You need to report the foreign inward remittance for the money's received from purchase of shares and subsequently submit FC-TRS once the shares are transferred. This involves various sub components such as valuation of shares, KYC of the purchaser etc. Follow the Stamp duty act for payment of stamp duty applicable for share transfer and Companies act for the necessary board approvals etc
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on Deemed Capital Gain
- Type of Capital Gain
- F & O PROFIT REPORTING FOR AY 2026-27
- Exiting partner in partnership firm in gst portal
- TDS _Long term Capital Gain ref.sec 214 Table 2
- Average Cost Of High Quality Diamonds
- Taxability of credit in canara bank ET & T section (NRO)
- ITR-3 File/Error Found
- Due Date Clarity
- NRI INSURANCE ADVISOR
- Applicability of Books of Account for Commission Income (Sections 194D & 194H)
- Gst on travel by air for business purposes
- Loss of interest in PF transfer from EPFO to Trust
- Seeking Advice: High Tax Shortfall on Job Switch + Let-Out House Property Loss in FY 2025-26
- TDS offline utility
- TDS on rent received on hardship compensation being rent on redevelopment of building
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
