holding company loans to foreign subsidiary company


Dear Respected Members,

I am a finance professional,

Wholly owned subsidiary company from India planning to sanction a loan may be around SGD 50000 and planning to reimburse in the later stage when they get the money in thier bank account. This might be 2 to 3 months time.

please anybody let us know the rules and regulations applicable for the above transaction.

 

 
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