Resident Entity definition

Resident Entity means ‘Person resident in India’ excluding an individual.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Resident Entity means ‘person resident in India’ (as defined at Section 2(v) of FEMA, 1999), excluding an individual;

Resident Entity means an Entity that is resident in the other Party for the purposes of this Agreement and includes an Entity that is resident in both Parties under the respective domestic law of each Party.

Examples of Resident Entity in a sentence

• A Non-United Kingdom Resident Entity means an Entity that is not resident in the United Kingdom for the purposes of this Agreement.

• An “NFFE” means any Non-United Kingdom Resident Entity that is not a Financial Institution as defined in this agreement.

• With respect to New Entity Accounts not described in paragraph A of this section, the Reporting Cayman Islands Financial Institution must determine whether the Account Holder is: (i) a Specified United Kingdom Person; (ii) a Non-United Kingdom Resident Entity which is a Financial Institution; (iii), a non-reporting Financial Institution; (v) an exempt beneficial owner; (vi) an Active NFFE or a Passive NFFE.

• With respect to an Entity Account Holder of a Preexisting Entity Account that is not identified as either a Specified United Kingdom Person or a Non-United Kingdom Resident Entity which is a Financial Institution, the Reporting Bermuda Financial Institution must identify (i) whether the Entity Account Holder has Controlling Persons, (ii) whether the Entity Account Holder is a Passive NFFE, and (iii) whether any of the Controlling Persons of the Entity is a Specified United Kingdom Person.

• With respect to New Entity Accounts not described in paragraph A of this section, the Reporting Anguilla Financial Institution must determine whether the Account Holder is: (i) a Specified United Kingdom Person; (ii) a Non-United Kingdom Resident Entity which is a Financial Institution; (iii), a non-reporting Financial Institution; (v) an exempt beneficial owner; (vi) an Active NFFE or a Passive NFFE.

More Definitions of Resident Entity

Resident Entity means an entity that:

Resident Entity means a legal person (except for limited partnership fund) registered in accordance with the legal acts of respectively Lithuania / Latvia / Estonia. In case of Lithuania, a collective investment undertaking established in Lithuania without a status of a legal person is also considered as resident entity.

Resident Entity means a noncommercial entity that:

Resident Entity means a legal person (except for limited partnership fund) registered in accordance with the legal acts of respectively the Republic of Lithuania / Latvia / Estonia. In case of the Republic of Lithuania, a collective investment undertaking established in the Republic of Lithuania without a status of a legal person is also considered as resident entity.

Resident Entity under this section means a legal person that is deemed a Latvian tax resident under Latvian laws and any applicable Double Taxation Treaty.

Resident Entity under this section means a legal person that is deemed an Estonian tax resident under Estonian laws and any applicable Double Taxation Treaty, if any.

Resident Entity means a resident partnership, resident company, resident body of persons, or a permanent establishment of a non-resident person in Ghana.