Frankfurt Stock Exchange · Industrials
Invest in iQ International stock from India
Indian and foreign residents can buy iQ International (IQL) shares directly through Paasa.
By Paasa · Updated
iQ International at a glance
- Price
- €0.02+€0.00 (0.00%)
- Market cap
- €598.18K
- Day range
- €0.02 – €0.03
- P/E
- —
- Dividend yield
- None
- Volume
- 40.00K
- 1 month
- +9.76%
- 6 months
- -25.00%
- YTD
- +0.00%
- 1 year
- +164.71%
- 5 years
- -90.63%
How to invest in iQ International from India
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.
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 EUR when you buy.
Step 3
Search IQL and buy
Find iQ International by name or by its ticker, IQL, and place your order.
Why invest in iQ International from India
What iQ International does
iQ International AG is a company focused on the development and production of lead-acid batteries. The firm maintains an international operational footprint, including presences in Switzerland, Germany, Italy, and the United Arab Emirates, supplying its products to the automotive and other industrial sectors. iQ International operates in the Electrical Equipment & Parts industry within the Industrials 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 iQ International stock from India?
Yes. Indian residents and NRIs can buy iQ International (IQL) shares directly through Paasa. iQ International is listed on the Frankfurt Stock Exchange, in the Electrical Equipment & Parts 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 iQ International dividends taxed for Indian investors?
iQ International trades on the Frankfurt Stock Exchange but is domiciled in Switzerland, so any withholding on its dividends follows that country's rules rather than those of Germany. Dividends are taxed at your slab rate in India. Paasa's dividend report shows the gross amount and any tax withheld for each payment.
What tax do I pay in India when I sell iQ International shares?
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 EUR/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.