Investment abroad in foreign unlisted company by Resident individual

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..... Investment abroad in foreign unlisted company by Resident individual
Query (Issue) Started By: - Venkatesan K Dated:- 3-2-2011 Last Reply Date:- 9-2-2011 FEMA
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FEMA
A Resident .....

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..... individual is proposing to invest abroad in a foreign unlisted company. What are the compliances that are required to be done by the individual while investing the money abroad? what are the formaliti .....

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..... es to be complied with the RBI and the Central Governement. Is Form 15CA required to be filed? upto what limit can the amount be invested? is it USD 200,000 as has been stated in the recently updated .....

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..... Liberalized Remittance Scheme? Kindly Clarify. Venkatesan .K Reply By Anuj Gupta: The Reply: For resident individual it shall be beneficial to use the LRR scheme for investing upto USD 200,000. .....

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..... Form 15CB shall be required for the same.
Discussion Forum - Knowledge Sharing .....

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