What is JV and WOS of the Indian Party?
Rafi
Answered on February 13,2020
Answered on February 13,2020
A foreign entity is termed as JV (Joint venture) of the Indian Party/Resident Indian when there are other foreign promoters holding the stake of the entity along with the Indian Party.
In case of WOS (Wholly Owned Subsidiary), entire capital is held by the one or more Indian Party/Resident Indian.
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