International tax

This query is : Resolved

TRUPTI (Querist)
Follow

27 June 2013 I Have following questions for one of my client:
1.Mr.A, resident of Australia wants to start business in India, then what is the procedure he should follow with respect to business registration, tax, business set up etc.
if he has business visa?
2.How he will be taxed in India?
3.If he start his business with Indian resident then what is the impact?
4.Whether it will be considered as FDI?

Please do reply ASAP!!!!!

Anil Sankar V

Anil Sankar V (Expert)
Follow

28 June 2013 first , applicability of companies act 1956, fema act and approval from RBI. FDI limits shouldn't be beyond the guidelines of RBI.

CA. Anuj Gupta

CA. Anuj Gupta (Expert)
Follow

30 June 2013 The answer shall depend on what business Mr. A wants to set up, where to set up and how much funds he is willing to invest.

Other questions shall come in only after these basic questions are answered.

Anuj
femaquery@gmail.com

Upgrade to CAclubindia Pro. Subscribe Now!

TRUPTI

TRUPTI (Querist)
Follow

03 July 2013 In addition to my question here is some clarification that:
Mr.A wants to start dress designing business with a initial capital of Rs.10 Lacs