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<h1>Foreign residents can invest in LLPs in sectors allowing 100% FDI under automatic route without performance conditions</h1> Foreign residents excluding citizens of Pakistan and Bangladesh may invest in Limited Liability Partnerships operating in sectors permitting 100% foreign investment under automatic route without FDI performance conditions. Investment through profit share constitutes reinvestment of earnings. Companies and LLPs with foreign investment may convert between structures under automatic route in qualifying sectors. All investments require fair price valuation certified by chartered accountants, cost accountants, or approved valuers. Transfer pricing between residents and non-residents must comply with fair value requirements, with specific conditions for inbound versus outbound transfers.