contract with multinational company

Multinational foreign companies are duly recognised in our country as per Companies Act. So no specific procedure is required and do as if collaborating with any India Company except the matters concerning to FERA and related acts.

Thank you sir for your answer. But this multinational company is not present in india.

It is in western country. and indian company wants to enter into export with this company.

what are guidelines for drafting this international agreement ?

and what are guidelines for further export to that company?

thanks and regards

Dear Mr. Abhijit,

All exports are bound by the usual FEMA regulations. There is nothin specific regarding the exports made to a multi national company with no operations in India. Exports are usually made on the basis of L/C or DA terms and the export proceeds will have to be realised in accordance with the FEMA regulations. The docs are as usual negotiated through banks / authorised dealers. Take care to ensure that the goods exported do not fall within the restricted category.

Thanks

N. Ramakrishnan, ADV 

thank you very much sir .