Law regarding registering an offshore business while residing in India


(Guest)

As the title suggests I wanted to know about the laws regarding setting up an offshore business in Dubai.

I live in India and have two employees both of whom also work from India. My payment comes from the USA. I do not intend to move to Dubai, I just want to register an offshore business there with a bank account where I would receive my payments. I wanted to know the legalities of this setup as per the Indian Laws. If legal, I would also want to know whether I can freely transfer the money from my Dubai bank account to my Indian Bank account or are there some regulations regarding this.