Chapter VINVESTMENT BY AN INDIVIDUAL PERSON RESIDENT OUTSIDE INDIA INCLUDING A NONRESIDENT INDIAN OR AN OVERSEAS CITIZEN OF INDIA (From Rule 12 to Rule 13 )
Chapter XINVESTMENT BY PERMISSIBLE HOLDER IN EQUITY SHARES OF PUBLIC COMPANIES INCORPORATED IN INDIA AND LISTED ON INTERNATIONAL EXCHANGES (From Rule 34 )
Foreign investment in LLPs permitted under automatic route subject to valuation norms, transfer price limits and remittance rules. Foreign investment in an LLP is allowed where the sector permits up to full foreign ownership under the automatic route and no FDI-linked performance ... Summary
Referred In :
Foreign Exchange Management (Mode of Payment and Reporting of Non-Debt Instruments) Regulations, 2019
Foreign investment in LLPs permitted under automatic route subject to valuation norms, transfer price limits and remittance rules.
Foreign investment in an LLP is allowed where the sector permits up to full foreign ownership under the automatic route and no FDI-linked performance conditions apply; qualifying non-residents and foreign entities (excluding certain nationals/entities and excluding FPIs/FVCIs) may contribute capital, and eligible companies or LLPs may convert between forms under the automatic route subject to the Limited Liability Partnership Act, 2008. Investments and transfers, including profit share reinvestment, must be at or reflect the fair price per internationally accepted valuation norms with an issued valuation certificate; resident/non-resident transfers must meet price constraints and remittance modalities are specified by the monetary authority.
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