XETRA · Technology
Invest in mVISE AG I stock from India
Indian and foreign residents can buy mVISE AG I (C1V0) shares directly through Paasa.
By Paasa · Updated
mVISE AG I at a glance
- Price
- €7.75+€0.05 (0.65%)
- Market cap
- €16.49M
- Day range
- €7.65 – €7.75
- P/E
- —
- Dividend yield
- None
- Volume
- 869.00
- 1 month
- -1.90%
- 6 months
- +11.51%
- YTD
- +72.22%
- 1 year
- +39.64%
- 5 years
- -53.59%
How to invest in mVISE AG I 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 C1V0 and buy
Find mVISE AG I by name or by its ticker, C1V0, and place your order.
Why invest in mVISE AG I from India
What mVISE AG I does
mVISE AG provides mobile business solutions, concentrating its expertise on mobile and cloud computing technologies. The company further specializes in developing robust information technology infrastructures, ensuring their security, and managing the integration and analysis of data. mVISE AG I operates in the Software - Application industry within the Technology 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 mVISE AG I stock from India?
Yes. Indian residents and NRIs can buy mVISE AG I (C1V0) shares directly through Paasa. mVISE AG I is listed on XETRA, in the Software - Application industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.
What tax do I pay in India when I sell mVISE AG I 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.