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India - An Overview
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    Doing Business in India - An Overview
Repatriation

A Branch Office may remit its profits after payment of applicable taxes in India through an Authorised Dealer. Similarly a Project Office may on the completion of a Project remit its profit through an authorised dealer. However, it has to submit the documents as prescribed to the satisfaction of an authorised dealer through whom remittance is effected.

The dividend on shares held by Foreign Investors (net taxes) is repatriable. Indian Companies have to make an Application to an authorised dealer of the Reserve Bank of India for the purposes of remitting dividend to Foreign Investors.

  • Repatriation of Capital Invested in India
  • Remittance by Individual Foreigners
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    Repatriation of Capital Invested in India
    Repatriation of investment made in India with the approval of the Government/Reserve Bank of India ('RBI') is permissible (except when the investment is permitted on the specific condition that it will not be eligible for repatriation), provided the disinvestment has also been made with the approval of the RBI or as per RBI guidelines. Actual remittances are permitted subject to fulfillment of conditions as to quantum and installments of repatriation etc., if any, as may be applicable from time to time.
     
     
    Remittance by Individual Foreigners
    Foreign nationals temporarily resident in India are permitted to transfer to their own countries, at the time of their departure from India, their current assets such as savings from salary, dividend, commission, provident fund balance, sale-proceeds from personal effects, etc. In addition, they are also allowed to repatriate the sale proceeds of their investments in India subject to the approval of the RBI.
     
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