India: the Central Bank simplifies the rules for Foreign Direct Investments

Important news for foreign companies present in India who have set up local law companies, confirming the will of the Modi Government to make India increasingly attractive in the eyes of international investors and simplify the methods of investing in the Asian country.   

Last June 7, the Reserve Bank of India has announced that it will introduce a single online form, the Single Master Form, which will replace the complicated and fragmented reporting system currently in place relating to Foreign direct investment of such enterprises: it is a decision of great use, aimed at simplifying and rationalizing the operations of foreign entities present in India and to integrate their reporting methods into a single system.

In this regard, the Reserve Bank of India has pointed out that there will be time from 28 June until 12 July 2018 for completing this form: companies that do not comply with the requirements of the local Central Bank will no longer be able to receive investments as they are considered non-compliant with the provisions of Indian law.

India is a market which cannot be defined as simple e which deserves detailed investigation. Precisely for these reasons it is advisable to rely on experts who know the Subcontinent well: Octagona, thanks to its direct offices in New Delhi, Pune and Bangalore and its team of Italian and Indian experts, is able to support your company for the implementation of this service.  

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