Question ID : 36962

FORMATION OF NEW COMPANY OUT OF INDIA (CHINA)

Facts of the case- The Assessee is engaged in the Manufacturing-cum-Trading business and wants to incorporate a company/joint venture in foreign country (china) and make some investment by the Indian Company and some by Chinese Investors. Query- 1) what is the procedure for investment in Chinese Company by Indian company? 2) The RBI & FEMA compliances in the said case? 3) Please suggest what will be tax compliance under these transactions?

posted by GOPAL KUMAR AGRAWAL on Feb 5 2019 12:00AM