Reg. Holding Company
This query is : Resolved
11 June 2009
Dear All,
Please help me in solving this:
Say, we are a public ltd company in India having three subsidiaries in Sharjah, UK and Bangladesh.
If we make Sharjah subsidiary the holding company of UK & Bangladesh, in this case what should be the modus operandi as well as each and every angles say cost/benefit analysis etc. in which we should look in this matter.
Can anyone guide me on this?
Ragdards,
Kamalesh Veram
CA Final student
Please help me in solving this:
Say, we are a public ltd company in India having three subsidiaries in Sharjah, UK and Bangladesh.
If we make Sharjah subsidiary the holding company of UK & Bangladesh, in this case what should be the modus operandi as well as each and every angles say cost/benefit analysis etc. in which we should look in this matter.
Can anyone guide me on this?
Ragdards,
Kamalesh Veram
CA Final student
11 June 2009
1. Transfer shareholding of UK and Bangladesh company from Indian company to Sharjah company.
2. Simultaneously transfer consideration (can be remittance OR issue of share capital ) to Indian Company.
Be sure about Foreign exchange regulation,tax implication on transfer of shareholding. Transaction cost would include professional fees, share issue costs, share transfer costs and compliance costs.
Benefits have to be understood connsidering objective of transaction.
1. Transfer shareholding of UK and Bangladesh company from Indian company to Sharjah company.
2. Simultaneously transfer consideration (can be remittance OR issue of share capital ) to Indian Company.
Be sure about Foreign exchange regulation,tax implication on transfer of shareholding. Transaction cost would include professional fees, share issue costs, share transfer costs and compliance costs.
Benefits have to be understood connsidering objective of transaction.
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
- About TDS & Income Tax
- Scrutiny and reopening of past returns
- Pass word to open justification report for Q1 for FY 2026-27
- PPF interest-As Exempt Income disclosure
- Section 194JA & JB Income which ITR Form to use
- Type of Capital Gain
- Booth for sales promotion
- F & O PROFIT REPORTING FOR AY 2026-27
- Grand in aid
- Accounting with Claude
- TDS on Rent received on redevelopment of building
- Tax on Deemed Capital Gain
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
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
