- Automatic Route:
Indian companies can issue shares under the automatic route up to 100% of their paid-up capital in those sectors wherein Foreign Direct Investment is permitted up to 100%.
In certain other sectors, foreign investment is limited to a prescribed percentage ceiling.
- Government Approval
All other cases where the automatic route is not applicable require prior specific approval from the Foreign Investment Promotion Board (commonly referred to as FIPB).
Time Period- There is no particular time limit as to the duration of a Private/Public Limited Company. These entities shall carry on their business in India till the time they wound under the provisions of The Companies Act, 2013.
Permitted Activities-WOS/JVC can carry on the business activities as permitted by the Foreign Direct Investment policy of India.
Establishment of WOS/JVC in India
The following issues are to be decided up front by the parent Company: –