FEMA

Querist : Anonymous (Querist) 25 March 2011 This query is : Resolved
Dear Sir,

My client is a owner of one Fashion boutique. He received a remmitance from US in the name of his boutique. But now he incorporated a new private limited company. Now he wants that his proprietorship business shall come under Private limited company and his remitance can be received in private limited company. Is this is possible?

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