FDI by a USA Citizen

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..... Dear all, Please throw some light on whether a person (being a USA resident and citizen) can hold shares in his own name if he transfers funds from his company in which he is a shareholder and Dire .....

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..... ctor in USA? For Eg. Mr A wants to be a shareholder in ABC Ltd in India but wants to transfer funds to ABC ltd from XYZ Inc. USA and become shareholder of ABC Ltd himself. Mr. A is not bringing funds .....

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..... from his own bank account. Thanks in advance. - Reply By YAGAY and SUN - The Reply = There are only two modes: Automatic Route Approval Route In this matter we understand that necessary permiss .....

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..... ion is required from RBI. - Reply By DR.MARIAPPAN GOVINDARAJAN - The Reply = You may have to comply with the provisions of the Companies Act, 2013 also. - FDI by a USA Citizen - Query Started B .....

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..... y: - RAJEEV JAIN Dated:- 10-4-2018 FEMA - Foreign Exchange Management - Got 2 Replies - FEMA - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - .....

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..... taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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