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Fema

(Querist) 10 May 2017 This query is : Resolved 
Can an Indian Private Company provide software services to a foreign unrelated start up company without having equity stake in such entity?? Due to financial constraint, if a debit note is issued & later such debit note is converted into preference shares in the first round of payment, whether it is possible??

Does having an overseas jv/wos in such cases is mandate?

Pls guide. What fema compliances needs to be fulfilled?
Guest (Expert) 13 May 2017
Contact the "CA Club " of this same Forum Please
Rajendra K Goyal (Expert) 14 May 2017
Commercial query.

Consult professional consultant in the matter.
Guest (Expert) 14 May 2017
Agree with Mr.RK Goyal Ji


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