Hyderabad | 13 Jun, 2017 (5 years, 3 months ago)

Foreign Investment

What is the best way to get the foreign investments?

we are going to get foreign investments in PVT LTD company,what is the best way to get the funds in India, on person is from Brazil and on person is from USA, what all the documents required from them to become directors in the company , complete procedure for the taxation on import goods from china ,
Answers
14 Jun, 2017 | 15:45

The best way to get funds into India would be by subscription of shares of your company. If the investments are large, the investors would want to be Directors of the company depending on the shares that they have. First, you will require a shareholder's agreement which will have details of the shares of these directors and it will also deal with other aspects of the company such as control and management of the company. Directors who are not based in India have to send documents supporting their identity, address, etc.

The taxation of import of goods from China would depend upon the type of goods imported. Generally, an import license is required i.e. the Importer Exporter Code which is available from the Director General of Foreign Trade. These questions cannot be answered without specific details.


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