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Possible only if your business is in a sector where 100% FDI is allowed.
However, whenever an Indian resident transfers shares to a foreign resident/ company it should not be done at less than the present fair market value of the company.
Such transfer of shares comes under FEMA Compliance and hence, we need to file FC-TRS form ...
Wazzeer Professional Network
ProfessionalI'm an Indian resident. I want to transfer the shares that I have held in my name to a foreigner. Can I do that?
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Wazzeer Professional Network
ProfessionalPossible only if your business is in a sector where 100% FDI is allowed.
However, whenever an Indian resident transfers shares to a foreign resident/ company it should not be done at less than the present fair market value of the company.
Such transfer of shares comes under FEMA Compliance and hence, we need to file FC-TRS form with RBI. Only after approval by RBI to this form we can do the transfer of Shares through SH-4. The foreign resident/ company is considered as Shareholder of the company only after the approval of FC-TRS and signing of SH-4
8 months ago
View answer
I'm an Indian resident. I want to transfer the shares that I have held in my name to a foreigner. Can I do that?
-
Wazzeer Professional Network
ProfessionalPossible only if your business is in a sector where 100% FDI is allowed.
However, whenever an Indian resident transfers shares to a foreign resident/ company it should not be done at less than the present fair market value of the company.
Such transfer of shares comes under FEMA Compliance and hence, we need to file FC-TRS form with RBI. Only after approval by RBI to this form we can do the transfer of Shares through SH-4. The foreign resident/ company is considered as Shareholder of the company only after the approval of FC-TRS and signing of SH-4
8 months ago
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