What would be the Requirement for Incorporating a Private Limited Company with two Foreign Directors ? FYI They have stayed in India for more than 182 Days in the Previous year.
Nishant Baid (CA Practice ) (26 Points)
11 October 2014What would be the Requirement for Incorporating a Private Limited Company with two Foreign Directors ? FYI They have stayed in India for more than 182 Days in the Previous year.
Sunil S Nair
(Advocate & Legal Consultant)
(66 Points)
Replied 13 October 2014
Foriegn investors or shareholers before investing in india it is mandatory to seek approval from Govt. of India, in some cases from FIPB Foriegn investment promotion board may also require RBI approval for the same if required