09 August 2011
Hi, i am going to start a private limited company. We are three people. Out of which two people are Permanent Resident of Australia. They are Indian citizens too having a valid Indian PAN card. They have worked for Indian companies in India as well. I want to appoint one of them as director and shareholder, and the other one as only shareholder (not director). My question is: can they be Director and shareholder in my company as well as carry on their existing jobs in Australia? Can they be taxpayer in both the countries India and Australia? Scope of our new company is totally different from their existing jobs and areas of both does not conflict at all.