Foreign Ownership and Compliance for Private Limited Company

Pvt ltd 130 views 2 replies

1- A friend who is based abroad in UK is inheriting 52% shares of a Private Limited company from his parents. At what percentage of shareholding ownership is a PVT LTD. company in India called Foreign Owned?

2- How does compliance requirements and filing requirements change for this company in this situation?

Thank you for helping clarify this.


Regards

 

 

Replies (2)
Foreign ownership UK 52% rest any other issue.

hello Sir, 

Thank you for your message. I did not understand the specific response. Does this change anything for filing purpose if the majority shareholder is not an Indian resident and NRI?

Thank you!

 


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