Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What are the requirements for a Foreign company forming a joint venture in India?

April 26, 2017COMPANY foreign India Joint requirements venture

0

Posted

What are the requirements for a Foreign company forming a joint venture in India?

1 Answer

0

Posted

Foreign investors planning to form a joint venture in India are required to seek governmental approval before investing in India. Some approvals are automatic, – RBI Approvals – though application is required for those approvals. Special Permission – FIPB Approvals – could be obtained to invest over and above the regular percentage allowed. See Joint Ventures in India. Also see FDI in India Sector wise Guide for more information on various conditions of investing in India. Also see Withholding Tax Rates For Foreign Companies Doing Business In India Under The Tax Treaties.