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Implication of FEMA and other Acts for to open a Product Development Centre outside India.

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....mplication of FEMA and other Acts for to open a Product Development Centre outside India.<br> Query (Issue) Started By: - LAVA INTERNATIONAL LTD LAVA INTERNATIONAL LTD Dated:- 12-5-2010 Last Reply Dat....

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....e:- 18-5-2010 FEMA<br>Got 2 Replies<br>FEMA<br>Hi, We want to open a Product Development Centre outside India, it only involve costs like -Manpower Cost (Salaries and Reimbursements) - Rental Cost fo....

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....r Office - Misc Admin Costs The office does not generate any kind of revenue. Pls advise implication of FEMA and other Acts for this nature of transaction as we will be required to remit money for thi....

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....s. Regards Reply By Anuj Gupta: The Reply: You are permitted by FEMA to do the activity you are planning to do.Your only requirement is to intimate the AD for such transaction . Regarding implicatio....

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....n under the Income Tax Act you need to specify in detail the exact nature of transactions to be done by Product Development Centre outside India. Reply By Anuj Gupta: The Reply: You are permitted by F....

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....EMA to do the activity you are planning to do.Your only requirement is to intimate the AD for such transaction . Regarding implication under the Income Tax Act you need to specify in detail the exact....

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.... nature of transactions to be done by Product Development Centre outside India.<br> Discussion Forum - Knowledge Sharing ....