Legal & efficient way to remit fund from india to overseas
This query is : Resolved
31 May 2018
Hi there,
I am an office manager of a foreign subsidiary (b2b). I do not have background/understanding in/of accounting and tax. Please help.
My managing director wants to check with some accountants/tax experts in India to understand the following:
1. Legal and Tax efficient way to remit profits made on sales, from India to overseas.
2. Of the following DTAA which would reduce withholding tax? i) France India DTAA ii) Singapore India DTAA iii) Dubai India DTAA and iv) Mauritius India DTAA.
Thank you
VRK
I am an office manager of a foreign subsidiary (b2b). I do not have background/understanding in/of accounting and tax. Please help.
My managing director wants to check with some accountants/tax experts in India to understand the following:
1. Legal and Tax efficient way to remit profits made on sales, from India to overseas.
2. Of the following DTAA which would reduce withholding tax? i) France India DTAA ii) Singapore India DTAA iii) Dubai India DTAA and iv) Mauritius India DTAA.
Thank you
VRK
01 June 2018
these remittances not only require knowledge of FEMA and DTAA but also of Transfer pricing. Would suggest that you hire a tax consultant with considerable exposure to international taxation for this sort of work instead of internalising.
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
- CLOSING STOCK QUERY
- Gst on travel by air for business purposes
- CAPITAL GAIN REDEVELOPED FLAT
- Requirement under FEMA &RBI
- Technical Glitch in ITR-4 Online Form (AY 2026-27): Sec 44AE Partner Remuneration not mapping to E8
- Residential status of non resident
- TDS refund Indemnity Bond
- PF wage ceiling
- Error in uploading Form 10BD
- ITR 44AD SECTION
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
- CPC and SAC
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
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
