Capital / Net-worth Requirement
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....thousand only) and net-worth equal to 100% of the minimum paid-up share capital / contribution; Provided that an Applicant desirous of setting up a branch, shall maintain the capital of USD 3000 (USD Three thousand only), which shall be earmarked and held by the Applicant. in the country of its incorporation and keep invested as per the requirements of its home country regulatory or supervisory....
TaxTMI