https://www.taxtmi.com/forum/issue?id=5034 A foreign national asked whether acquiring up to eighty percent shareholding in a new private limited company for software development requires FEMA or RBI formalities or permission; the forum exchange records follow-up requests for clarification but no substantive regulatory guidance was provided. en-us Wed, 12 Dec 2012 20:06:37 +0530 Thu, 23 Jan 2025 15:57:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=5034 A foreign national asked whether acquiring up to eighty percent shareholding in a new private limited company for software development requires FEMA or RBI formalities or permission; the forum exchange records follow-up requests for clarification but no substantive regulatory guidance was provided. Discussion-Forum FEMA Wed, 12 Dec 2012 20:06:37 +0530 https://www.taxtmi.com/forum/issue?id=5034