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Singapore Exchange · Energy

Invest in CH Offshore stock from India

Indian and foreign residents can buy CH Offshore (C13) shares directly through Paasa.

By Paasa · Updated

CH Offshore at a glance

Price
S$0.01+S$0.00 (0.00%)
Market cap
S$21.15M
Day range
S$0.01 – S$0.01
P/E
—
Dividend yield
None
Volume
273.20K
1 month
-16.67%
6 months
-28.57%
YTD
-37.50%
1 year
-33.33%
5 years
-76.74%

Live chart and statistics

How to invest in CH Offshore from India

  1. Step 1

    Open your Paasa account

    KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Step 2

    Add funds from your Indian bank account

    Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to SGD when you buy.

  3. Step 3

    Search C13 and buy

    Find CH Offshore by name or by its ticker, C13, and place your order.

Why invest in CH Offshore from India

What CH Offshore does

CH Offshore Ltd. is an investment holding company, which engages in the ownership and operation of vessels. It also involves in providing marine support service for the offshore oil and gas industry. CH Offshore operates in the Oil & Gas Equipment & Services industry within the Energy sector.

Paasa handles the paperwork

Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.

Frequently asked questions

Can I buy CH Offshore stock from India?

Yes. Indian residents and NRIs can buy CH Offshore (C13) shares directly through Paasa. CH Offshore is listed on the Singapore Exchange, in the Oil & Gas Equipment & Services industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.

How are CH Offshore dividends taxed for Indian investors?

CH Offshore does not currently pay a dividend, so there is nothing to withhold or declare today. If it starts paying one, singapore levies 0% withholding tax on dividends from resident companies, and dividends are taxed at your slab rate in India.

What tax do I pay in India when I sell CH Offshore shares?

Singapore does not levy capital gains tax on the sale of shares, ETFs or REITs. In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the SGD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.

Would my heirs owe estate tax on CH Offshore shares?

Singapore imposes no estate or inheritance tax on listed securities. That is the source-country side; the shares themselves pass on like any other asset you hold in your own name.

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