Please explain me the legal formalities to be done by a indian resident person who want to make FDI in foreign country (outside India).
Please explain me the legal formalities to be done by a indian resident person who want to make FDI in foreign country (outside India).
Check whether the Indian person is a company or a Pvt ltd. company
Then the company or firm is entitled to invest upto 400% of its networth .
The Indian Company needs to file form ODI with annexures after the remmitance of amount.
Yearly they have to file form for assets and liabilities by 15th July.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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