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· TaxGuruFDI

Land-border FDI rules eased (Press Note 2)

Summary

Non-controlling land-border beneficial ownership up to 10% now uses the automatic route; some manufacturing gets 60-day approvals.

Key points
  • Beneficial ownership declaration required
  • Above that, approval still needed
For Korean companiesCheck your cap table for Chinese or Hong Kong capital.

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Land-border FDI rules eased (Press Note 2) · Adullam Incorporation