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Foreign equity participation

Others 271 views 2 replies

ESB RAO

Company Director

26 Points Posted on 09 December 2015

Our company is seeking foreign equity participation in our new manufacturing venture. The foreign company wants us to treat the invoiced value of machinery they will be offering to our plant as their equity. This foreign equity is less than 40% of our total project cost. Can this be done and how, by what legally valid procedure, can this be done . Is there any government prescribed procedure for doing this?

Replies (2)

jaya krishna

Chartered Accountant

262 Points Posted on 09 December 2015

Give your mail id i will send total procedure (or) contact 9440591400

ESB RAO

Company Director

26 Points Posted on 13 December 2015

Dear Mr.Jaya Krishna,

I thank you for responding to my query promptly. Kindly email me the procedure for foreign equity participation, particularly whether the foreign party is allowed to convert their supplied machinery into equity shares of equivalent value.

My email : esbrao @ gmail.com

I look forward to your early reply.

Many thanks.

ESB Rao