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FIPB stands for Foreign Investment Promotion Board which approves all different circumstances where the parameters of computerized approval aren’t met. Normal processing time is 4 to six weeks. Its strategy is liberal for all sectors and all varieties of proposals, and rejections are few. It just isn’t mandatory for international traders to have an area companion, even when the overseas investor needs to carry less than the complete fairness of the corporate. The portion of the fairness not proposed to be held by the international investor might be supplied to the public.
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