Querist :
Anonymous
(Querist) 03 December 2010
This query is : Resolved
The queries are :
1] Can a foreigner start a business in India as a sole trader.?
2] The business he is looking is wholesale lending to organizations and mission groups. Can a foreigner start such business in India? If he wants to how ?
3] Can a foreigner open a personal bank account? If so, what's the process?
A V Vishal
(Expert) 03 December 2010
Can a foreigner start a business in India as a sole trader.?
Ans. What is is Visa type on which he has entered India? On clarification of this question, other details may be advised.
s.subramanian
(Expert) 03 December 2010
yes. I agree with Mr.Vishal.
Advocate. Arunagiri
(Expert) 03 December 2010
1. yes 2. yes 3. yes. 4. An Indian can help him as an employee, partner, consultant, adviser etc.
Querist :
Anonymous
(Querist) 05 December 2010
Dear Respected Vishal , The foreigner has not entered in India. If he has to enter what visa shold he opt for ?
A V Vishal
(Expert) 05 December 2010
If he has a business visa only then he can think of starting business any other visa other than a business visa would be unacceptable.
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