Share transfer from non resident to non resident

Is there is any Compliance needed if share are transfer from NRI  to Non Resident Company  ,Shares are of Indian pvt company which are acquired by NRI when he was resident in India ?

 

Praveen Kumar

praveenkca25 @ gmail.com

Replies (4)

Dude,

 

Compliance is compulsoryly needed as the company is "private limited" and company to which the shares are transfered is outside our nation.

 

Moreover the period has to be taken into account. That is,

 

1) The date of shares acquired by the person when he was in India

 

2) The date of transfer to the Non-Resident Company

 

This is applicable, if, it is a foreign company in their nation or has branch / base in India.

What are the complinace under FEMA ?

Dude, You check with this link. It might help you. https://rbi.org.in/scriptts/NotificationUser.aspx?Mode=0&Id=5094#16

Thanks sir ........

 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
29 July 2026
Audit Executive

RBSM Corporate Advisors Private Limited

Pune

CA

View Details
Company
23 July 2026
Semi qualified CA

Garg Bros & Associate CA

New Delhi

CA Inter

View Details
Company
06 July 2026
Senior Accountant

Arvindkumar Maniar & Co.

Rajkot

CA

View Details
Company
14 July 2026
Senior Executive/ Manager

H S SHARMA AND CO

Pune

CA Final

View Details
Company
ARTICLESHIP 14 July 2026
Article Assistants

R Shyam and Associates

New Delhi

CA Final

View Details
Company
Featured 16 July 2026
CA Inter, CA Intermediate, CA IPCC, CA CPT, CA SemiQualified

Vakilsearch.com

Chennai

CA Inter

View Details
Company
29 July 2026
ACCOUNTANT

ONESTEP GST SOLUTION

New Delhi

B.Com

View Details
Company
11 July 2026
CA semi qualified

Vakilsearch.com

Chennai

CA Inter

View Details
Follow