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Is foreigner can be shareholder in Indian pvt ltd ?

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Querist : Anonymous

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Querist : Anonymous (Querist)
02 February 2011 Dear Experts,
Can a foreigner, PIO (personal of Indian Origin) spouse of Indian can be a share holder and director in Indian pvt. ltd company ?
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Jayashree S Iyer

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Jayashree S Iyer (Expert)
03 February 2011 Yes, a foreigner can be a shareholder and director in India Private Limited Company.
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udit sharma

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udit sharma (Expert)
03 February 2011 Agreed with the expert!
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Nikhil Kothari

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Nikhil Kothari (Expert)
04 February 2011 Yes he can.

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