Home Acts & Rules SEBI Regulation Securities and Exchange Board of India (Foreign Venture Capital Investors) Regulations 2000 Chapters List Schedules Sch SCHEDULE This
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Schedule - II - Payment of fees applicable to Foreign Venture Capital Investor - Securities and Exchange Board of India (Foreign Venture Capital Investors) Regulations 2000Extract 5 [ SECOND SCHEDULE PAYMENT OF FEES APPLICABLE TO FOREIGN VENTURE CAPITAL INVESTOR [See regulation 3(3), regulation 7(3) and regulation 9] Registration Fee (1) Foreign venture capital investor shall pay registration fees of $2500 or any other amount specified by the Board from time to time, at the time of submission of the Form to the designated depository participant. Renewal Fee (2) Foreign venture capital investor shall pay renewal fees of $100 for every block of five years, to keep the registration in force. (3) The designated depository participants of the respective foreign venture capital investors shall collect the renewal fees in advance for every block of five years, from the beginning of the sixth year from the date of registration, from all the foreign venture capital investors registered by it, and remit the fees to the Board in the manner specified by the Board from time to time. (4) International or multilateral agency such as World Bank and other institutions, established outside India for providing aid, which have been granted privileges and immunities from payment of tax and duties by the Central Government shall be exempted from the payment of registration or renewal fees. Late Fee (5) If a foreign venture capital investor fails to pay the renewal fees within the specified due date and has cash or security in India, such foreign venture capital investor shall pay the renewal fee as specified above, along with a late fee equal to $5 per day for each day of delay in payment of renewal fee and the late fee shall be subject to maximum of $150. (6) Every designated depository participant shall remit the fees collected from the foreign venture capital investors during the immediate preceding month, to the Board, by 5th working day of every month, along with the details in the format, as may be specified from time to time. ] ************** NOTES:- 1 Substituted by the SEBI (Payment of Fees) (Amendment) Regulations, 2009, w.e.f. 1-7-2009. Prior to its substitution, Part A, as substituted by the SEBI (Foreign Venture Capital Investors) (Amendment) Regulations, 2006, w.e.f. 4-9-2006, read as under: PART A AMOUNT TO BE PAID AS FEES Application fee (US$) 5, 000/- Registration fee (US$) 20,000/- 2 Inserted by the SEBI (Payment of Fees and Mode of Payment) (Amendment) Regulations, 2017, w.e.f. 6-3-2017 3. Substituted vide Notification No. SEBI/LAD-NRO/GN/2022/099 dated 09-11-2022 w.e.f. 01-11-2022 before it was read as, 1 [PART A Amount to be paid as fees Application fee (US$)2,500 Registration fee (US $) 10,000] 4. Substituted vide Notification No. SEBI/LAD-NRO/GN/2023/121 dated 07-02-2023 w.e.f. 01-04-2023 before it was read as, I. The fees specified above shall be payable 2 [by way of direct credit in the bank account through NEFT/RTGS/IMPS or any other mode allowed by RBI or] by bank draft in favour of The Securities and Exchange Board of India payable at Mumbai. 5. Substituted vide Notification No. SEBI/LAD-NRO/GN/2024/203 dated 04-09-2024 w.e.f. 01-01-2025 before it was read as, SECOND SCHEDULE SECURITIES AND EXCHANGE BOARD OF INDIA (FOREIGN VENTURE CAPITAL INVESTOR) REGULATIONS, 2000 [See Regulations 3 and 7(2)] FEES 3 [ PART A Amount to be paid as fees Application fee (US$) 2,100 Registration fee (US$) 8,500 ] PART B 4 [ I. The fees specified above shall be payable by way of direct credit into the bank account through NEFT/RTGS/IMPS or online payment using the SEBI Payment Gateway or any other mode as may be specified by the Board from time to time. ]
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