In private placement, funds are coming through FDI route from foreign citizen in Netherlands..
Can he trf funds through Seychelles ( country in East Africa) instead from Netherlands??
Menu
Private placement in pvt ltd
Replies (1)
If the same person holding account in African Country and country is FATF compliant nation and not in adverse list then on basis of KYC ,fund can be brought.. may be that AD bank will not agree on this,so it will better if fund comes through NETHERLAND only ,It's the same condition when Investor from US says that fund will be transferred from China..
Recent Topics :
- How to find a good CA
- Rcm on rent paid
- Clarify on GST Application
- Residential status for overseas students visitin
- Capital Gains Tax
- LTCG 112A and business loss
- FAST-DS 2026 applicability: foreign employee share
- NRI Property Sale in India: TDS Rates and Key Comp
- Clarification on September 2026 PF Calculation for
- DRC-03 interest paid under CGST/SGST instead of IG
Related Topics :
CAclubindia
