Overseas Direct investment

ODI Compliances Under FEMA
Overseas Direct investment
CA. Kapil Mittal

ODI Compliances under FEMA after making investment overseas

ODI helps companies to get direct access to newer and more extensive markets, better technologies which would enable them to increase their customer base and achieve a global reach, but to unintentional violation of regulations, Investment in wholly owned subsidiaries and joint ventures outside India by person resident in India is governed by FEMA.

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