Whiteboard Friday: Doing Business in India (for NRIs and Foreigners)

What kind of company could NRI’s (Non Resident Indian), Foreigners (international citizens) or International Companies form? Which business forms are ideal for them and the advantages and disadvantages of choosing a particular business structure and business form.

Are you a NRI, foreigner or International company looking to start a business or branch office in India? In this episode of eLagaan Whiteboard Friday, the eLagaan team discusses type of businesses like Sole Proprietor, General Partner, LLP (Limited Liability Partnership) & Private Limited – Pvt. Ltd. Company.

What kind of company could  NRI’s (Non Resident Indian), Foreigners (international citizens) or International Companies form? Which business forms are ideal for them and the advantages and disadvantages of choosing a particular business structure and business form.  Some of the factors you should look at is taxation, repatriation of money to the country of origin (investment or profits) , residency and citizenship status of the to be owners.

The video also discusses

– How to bring foreign investment to India or FDI – foreign direct investment.
– Types of offices like subsidiary, branch office, sales office, research & development (R&D) office or Representative office.
– How businesses licenses play a role.
– Various Indian taxation like direct taxes & indirect taxes.

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