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INFORMATIONS

Disinvestment By Indian Party In Overseas JV/WOS

Overseas Direct Investments aka ODI which refers to the investments made in the overseas entities by way of contribution to their capital or subscription to the MoA (Memorandum of Association) of a foreign entity or by purchasing existing shares of a foreign entity by two way which are market purchase or private placement or through stock exchange, but excluding portfolio investment. In simple term, Overseas Direct Investments (ODI) means an… Read More »Disinvestment By Indian Party In Overseas JV/WOS

Can A Foreign National Start A Business In India Without Being A Resident?

Any person can start their business in India like foreigner citizen, Non Resident Indians (NRI), Foreign Citizens, Overseas Citizen of India card holder (OCI), Person of Indian origin (PIO). There are no. of options are available for foreign nationals to set up a business in India, but most popular forms are Limited Liability Partnership, Limited Company etc. As per the guidelines of FEMA (Foreign Exchange Management Act), Foreign Direct Investment… Read More »Can A Foreign National Start A Business In India Without Being A Resident?

Shift from MEIS to RoDTEP

The GOI (Government of India) has recently introduced RoDTEP( Remission of Duties or Taxes on Export Product) scheme to replace the existing MEIS (Merchandise Exports from India Scheme) and built a fully automated path for ITC(Input Tax Credit) in the GST for help to increase the exports in India. The Union Cabinet in March approved the RoDTEP scheme for exporters to reimburse taxes and duties paid by them like mandi… Read More »Shift from MEIS to RoDTEP

Dropshipping Legal Requirements from India

Drop-shipping is a kind of business where the products to be sold from the third party and are not kept in the store, the products are purchased from the 3rd party and are directly shipped to the customer. In other words, Dropshipping is a form of a retail method where you don’t keep products in stock as inventory. In dropshipping you need to work according to the agreement between you… Read More »Dropshipping Legal Requirements from India

Overseas Direct Investment Without Remittance of Funds From India

Direct Investment outside India means investment through contribution to the capital or subscription to the MoA (Memorandum of Association) of a foreign entity or through purchase of existing shares of a foreign entity either by market purchase or private placement or by stock exchange, by setting up a JV (Joint Venture) or a WOS (Wholly Owned Subsidiary). Foreign Exchange Management Regulations, 2004 regulate acquisition & transfer of a foreign security… Read More »Overseas Direct Investment Without Remittance of Funds From India

All about Merchandise Exports from India Scheme (MEIS)

Merchandise Exports from India Scheme is also known as MEIS scheme comes under Foreign Trade Policy of India (FTP 2015-20). Under Foreign Trade Policy of India (FTP 2015-20) two scheme has introduced one is Merchandise Exports from India Scheme (MEIS) and another one is Service Exports from India Scheme (SEIS). The rewards are given by way of duty credit scrips to exporters. The MEIS is notified by the DGFT (Directorate… Read More »All about Merchandise Exports from India Scheme (MEIS)

All about Software Technology Parks of India (STPI)

STPI is an abbreviated form of Software Technology Parks (STPI) of India which was established in 1991 as an autonomous society under the Ministry of Electronics and Information Technology). STPI is here to promote software exports from the country and has been implementing STP (Software Technology Park) scheme and EHTP (Electronics Hardware Technology Park) scheme for the promotion of IT/ITES industry. Software Technology Parks of India (STPI) center also adhere… Read More »All about Software Technology Parks of India (STPI)

All About Electronics Hardware Technology Park (EHTP) Scheme

EHTP is abbreviated form of Electronic Hardware Technology Park Scheme which is launched by the Ministry of Electronics and Information Technology, Government of India to encourage the entrepreneurs in establishing manufacturing units of the electronic hardware equipment. The EHTP scheme aims to promoting entrepreneurs in mounting Hardware Technology Parks anywhere in India for exporting their produced electronics goods. Various benefits and assistances are provided under the export-oriented scheme to increase… Read More »All About Electronics Hardware Technology Park (EHTP) Scheme

How to Close Project Office/Branch Office/Liaison Office

The establishment of Project Office/Branch Office/Liaison is regulated in terms of Foreign Exchange Management Act, 1999 -Section 6(6) with Foreign Exchange Management (Establishment in India of a BO (Branch Office) or a LO (Liaison Office) or a PO (Project Office) or any other place of business) Regulations, 2016. Business entities registered outside India can establish business operations in India without making & registering a subsidiary company. According to the RBI… Read More »How to Close Project Office/Branch Office/Liaison Office