In this issue:
- Navigating India’s Unique Profit Repatriation Regulations
- Selecting a Repatriation Strategy in India
- Repatriating Funds from Different Offices in India
- Special Feature: Personal Remittance in India
As India’s Bharatiya Janata Party (BJP)-led National Democratic Alliance (NDA) government pushes reforms and encourages foreign direct investment (FDI) to boost the economy, more and more foreign enterprises are looking to set-up shop in the country through offices and manufacturing facilities. This makes it imperative for foreign companies to know how they will repatriate their funds from India. The process to do so can be daunting for both foreign businesses and expatriates living in the country alike.
While there are fewer restrictions on remitting profits than on remitting personal income, there are still several procedures that are contingent on an entity’s investment model. It is in companies’ best interest to keep up to date with the latest regulations and procedures of remitting funds from India in order to ensure that funds are distributed abroad in a seamless manner.
In this issue of India Briefing Magazine, we look at issues related to repatriating funds from India. We highlight the unique regulations for sending funds back from India, examine the various strategies companies can make use of while repatriating, and look at remittance procedures for different types of Indian entities. Finally, we give some tips on how expats can remit their Indian money to their home countries.
With its growing number of tax and accounting specialists, Dezan Shira & Associates India can help clients set up operations and repatriate their funds. We hope that this issue of India Briefing will give readers a better understanding of India’s unique repatriation processes while considering the country as a business destination.