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<h1>Foreign investment transfer rules require documentation, valuation and AD bank certification for LLP capital or profit share transfers.</h1> Transfer of capital contribution or profit shares in a Limited Liability Partnership between resident and non resident parties requires reporting to the authorised dealer bank with a consent letter, post transaction ownership pattern, valuation certificate by an approved professional, buyer declaration of eligibility and compliance with foreign investment limits and pricing guidelines, and, for non resident transfers, tax clearance or no objection documentation; the AD bank must certify application completeness and conformity with FEMA and Reserve Bank requirements.
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