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Foreign contractor

Shridhi Jain (Company Secretary)     16 July 2013

Shridhi Jain
Company Secretary 
 155 likes  1678 points

| My Other Post

There is one company which has entered into a contract with foreign company  whereby foreign company will provide corporate services related to the main business activity of the indian company. In return, the foreign company will charge certain % of turnover of indian company as its technical fee.

Pls tell me, is there is any % mentioned in FEMA regarding such technical fee? Do the indian company need to submit the copy of contract to RBI?

Pls let me know the provisions and the links of the circular / notification.



Shridhi Jain (Company Secretary)     17 July 2013

Shridhi Jain
Company Secretary 
 155 likes  1678 points

View Profile | My Other Post

Pls help me with your suggesstions.

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