· Expense to be incurred by Pvt Ltd Co as follows:
· Marketing and Branding Expenses in Overseas markets
· Deputation of manager from India to overseas location
· All travelling, lodging & boarding Expenses of manager to be incurred by company directly or as reimbursement of expenses incurred by manager
· Salary to be paid in INR in India
Any RBI/FEMA/FOREX limitations
Any withholding taxes
Expenses to be treated as business expenses?
Tax implications on Manager based for duration of stay, reimbursement of all expenses, salary in India
Necessary to incorporate Branch or Subsidiary outside India or Indian company can directly undertake business expenses
Any other points to be considered
Appx expense Rs.1 cr p.a
CAclubindia
