TMI BlogWhether permission of RBI or any authority required to open proprietory concern in Hong KongX X X X Extracts X X X X X X X X Extracts X X X X ..... my client resident indian wants to open a proprietory concern in Hongkong.Is permission from RBI or any other authority required. - Reply By Rama Krishana - The Reply = As such there is no restriction ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... for opening a branch outside India by a person who is resident in India. But, if you are dealing with branch or through branch in financial terms, the outflow of foreign exchange occurs, capital acco ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... unt transactions are involved, properties are purchased etc. etc. RBI through the provisions of FEMA, foreign exchange management act, governs these issues. Therefore, you need to refer all these prov ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ision which are application in different circumstances in different manner. - Whether permission of RBI or any authority required to open proprietory concern in Hong Kong - Query Started By: - RAVIND ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ER GAMBHIR Dated:- 25-2-2010 FEMA - Foreign Exchange Management - Got 1 Reply - FEMA - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanag ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
|