wants to invest & start business in partnership with an india national?
2006-10-22 01:22:04 · 3 answers · asked by praphulla g 1 in Business & Finance ➔ Investing
No problem.
No govt . of India has so many offers for foreign nationals wishing to establish business in India.
2006-10-22 01:30:24 · answer #1 · answered by Eyedoc 4 · 0⤊ 0⤋
Be back.
I strongly suggest seeing a lawyer who is familiar with current Indian laws. You may need more then one specialist to handle different matters.
At one time you can own a business 100%, then they change it to at least 51% Indian ownership and 49%max foreign ownership. Lots has changed since then.
Foreigners were able to have more then one Indian partners and were holding 49% themselves and still had controlling interest in the business, but that may not be possible now or it is possible that there are no restrictions.
Buying an apartment to reside was a different thing all to gather.
India abroad may have lawyers listed, get a copy, they may be on Internet.
2006-10-22 08:28:51 · answer #2 · answered by minootoo 7 · 0⤊ 0⤋
A joint venture with a foreigner is not prohibited in India. In certain cases prior approval is necessary. write to me if you need professional services.
2006-10-22 08:32:54 · answer #3 · answered by cvrk3 4 · 0⤊ 0⤋