Procedure - Transfer of Shares

[shifaul islam]

detailed requirement and procedures for transfer of sahres of an Indian Pvt. Ltd co. by one foriegn Shareholder to anothe foriegn shareholder. [email protected]

AI Summary

Foreign Share Transfers in Indian Pvt Ltd: Consider FDI Rules, Holding Limits & Tax Implications Under Income Tax Laws. A query was raised regarding the procedure for transferring shares of an Indian private limited company from one foreign shareholder to another. The response highlighted that such transfers are generally not restricted, except for considerations related to Foreign Direct Investment (FDI), holding percentages, or other restrictive policies. Additionally, potential tax implications under Income Tax laws may arise.