CAN A FOREIGN NATIONAL OR NRI SET-UP BUSINESS IN INDIA?

dareson (Querist) 25 April 2008 This query is : Resolved
Hi all,

Can a Foreign national or Non-Resident Indian set-up his/her own business in India?

Is there any restrictions by Indian Laws/Rules?

Thanks.

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Rajesh Kumar (Expert) 26 April 2008
Off course YES.
There are certain restrictions and regulations.
Look for FEMA with respect to foreign exchange guidelines; Industrial policy for limits of FDI limit etc.

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