Overseas direct investment

This query is : Resolved 

17 February 2014 We are planning for a WOS abroad.
As per our Deed, Indian party holds 99.99% i in the Profit of the proposed WOS.
My question is, will be the said Foreign entity be considered as Subsidiary of Indian entity considering the above profit sharing ratio.

18 February 2014 yes...very much..it is your subsidiary...


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