Foreign venture capital investor fee regime governs registration, renewal, exemptions, late fee, and remittance through designated depository participants. Foreign venture capital investor must pay a registration fee before grant of registration and renewal fee for each block of five years to keep ... Summary
Foreign venture capital investor fee regime governs registration, renewal, exemptions, late fee, and remittance through designated depository participants.
Foreign venture capital investor must pay a registration fee before grant of registration and renewal fee for each block of five years to keep registration in force, while a SWAGAT-FI pays renewal fee for each block of ten years. Designated depository participants collect renewal fees in advance from the relevant year of registration and remit the fees to the Board. International or multilateral aid agencies with tax and duty immunities are exempt from registration and renewal fees, and delayed payment of renewal fee attracts a daily late fee subject to a maximum.
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