Foreign investment in LLPs is permitted under the automatic route, subject to sectoral eligibility and fair-price valuation requirements.

Foreign investment in LLPs is available under the automatic route only for eligible sectors permitting up to 100 per cent foreign investment without FDI-linked performance conditions. Profit-share investment is reinvestment of earnings, and eligible foreign-invested companies and LLPs may convert into each other. Capital contributions and profit-share transfers require certified fair-price valuation. Resident-to-non-resident transfers cannot be below fair price, while non-resident-to-resident transfers cannot exceed fair price. Payment and remittance conditions apply as specified.

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