Query on FEMA

541 views 2 replies

Dear All,

 

I have to know whether there is any restriction on transfering funds from India to UAE for construction projects.

Replies (2)

Hello,

 

Please visit my blog

https://rvseckarfema.blogspot.com/2010/09/all-about-investment-by-indian-company.html and read the article titled  How much an Indian company can invest in its JV or WOS in abroad.

 

As an Individual , you can invest $ 200000 per financial year . Plese read the following article in my blog

 

https://rvseckarfema.blogspot.com/2010/09/how-much-indian-resident-can-transfer.html

 

Regards

 

R.V.Secka

Pl do visit my blogs :

 

https://rvseckarcompanylaw.blogspot.com/

https://rvseckarfema.blogspot.com/


https://rvseckarindianlaws.blogspot.com

No their no restriction on tranfer of fund for project  as u will be tranferring money on behalf and under name of company through it bank account  . just check with bank that is their any other fema compliance

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