SIX Swiss Exchange · Technology
Invest in WISeQey stock from India
Indian and foreign residents can buy WISeQey (WQEY) shares directly through Paasa.
By Paasa · Updated
WISeQey at a glance
- Price
- CHF 7.43-CHF 0.57 (7.13%)
- Market cap
- CHF 30.62M
- Day range
- CHF 7.43 – CHF 8.20
- P/E
- —
- Dividend yield
- None
- Volume
- 4.31K
- 1 month
- -23.40%
- 6 months
- -38.19%
- YTD
- -43.37%
- 1 year
- -43.97%
- 5 years
- -76.08%
How to invest in WISeQey 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 CHF when you buy.
Step 3
Search WQEY and buy
Find WISeQey by name or by its ticker, WQEY, and place your order.
Why invest in WISeQey from India
What WISeQey does
WISeQey Corp., a cybersecurity company, provides integrated security solutions in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company designs, manufactures, distributes, and sells high-end, Common Criteria EAL5+ & FIPS 140-3-certified secure microprocessors, as well as offers digital certificates; software as a service solutions, including cloud-based certificate life-cycle-management, signing, and authentication solutions; software licenses; cloud-based certificates for authentication purposes; post-contract customer support for cybersecurity ap… WISeQey operates in the Information Technology Services 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 WISeQey stock from India?
Yes. Indian residents and NRIs can buy WISeQey (WQEY) shares directly through Paasa. WISeQey is listed on the SIX Swiss Exchange, in the Information Technology 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 WISeQey dividends taxed for Indian investors?
WISeQey trades on the SIX Swiss Exchange but is domiciled in British Virgin Islands, so any withholding on its dividends follows that country's rules rather than those of Switzerland. 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 WISeQey 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 CHF/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.