Rbi and fema copliance

 

Can any one help me for the below issue.

1)I have one private limited company client recently incorporated.Both the Directors are non resident Indian.Indian buisiness is taking care by General Manager and he is Indian resident and Indian

2.Directors invested to capital through cash in indian Rupees.

Please let me know is there any RBI and Fema compliance is required

 
 
With regards.
Krishna Kumar
Replies (1)

Hi Krishna ,

Can you please specify in which sector the Indian pvt. ltd. company is operating and whether the investment made by NRI's is on repatriation or non-repatriation basis.

 

Anuj

femaquery @ gmail.com

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