Share in foreign company
This query is : Resolved
Anurag Chauhan
(Querist)
29 March 2018
I am a software engg. And working for a danish client from last 8 years so i have all the knowledge about the product. Now he talked to board of directors there and is offering me 1% share in his company at discounted price so that i continue working with him. I am not his direct employee but works in a indian consultancy company which has agreement and work for him. Can i have share in foreign company without being its employee?
Nikhil Kaushik
(Expert)
05 April 2018
yes you can. Make sure you comply to the applicable exchange control regulations etc. Please note that the value of the shares granted to you will constitute as remuneration/professional fee in the year of allotment of shares
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