Dear collegues
In LLP there are 3 partners, 2 of them are foreigners they are investing in a international school in india. They are making profit. Here the 2 foreigners can repatriate their profit to their own country? Kindly clarify with me.
Menu
Will the partners repatriate part of profit back to foreign
Replies (1)
|
Hi Senthil,
Indian LLP cannot have a Foreign Partner unless the same is approved by FIPB. Also no FDI or foreign participation is allowed in the education sector(till date)
Anuj femaquery @ gmail.com
Originally posted by : senthil s |
||
 |
Dear collegues In LLP there are 3 partners, 2 of them are foreigners they are investing in a international school in india. They are making profit. Here the 2 foreigners can repatriate their profit to their own country? Kindly clarify with me. |
 |
Recent Topics :
- TDS filing for the 1st quarter of TY 2026-27
- Login into Old Traces Portal
- Professional Income reporting in ITR-3
- Pf exemption in hand of spouse on demised of husba
- Missed deadline to revise ITR for a foreign asset
- Durga Puja 2026 Dates: Mahalaya, Shashthi to Vijay
- Indo-MIM IPO Allotment Date, Status Check and List
- GSTR 1 filed but GSTR 3 B no filed
- ITR FORM FILING REGARDS
- TDS JUSTIFICATION REPORT
Related Topics :
CAclubindia
