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Can a NRI start a business in India


29-Apr-2023 (In Corporate Law)
Hi, I'm a NRI, would like to start my own firm to start import/export business. What are possibilities? If yes, What are the documentations and amount to pay in order to complete the registration? How many days it will take to do that? Do i need to be there in india while doing registration?
Answers (1)

Answer #1
622 votes
Yes. NRI can start a business in India. Procedure and other formalities depend upon the nature of entity you choose to commence the business. It may be one of the following:

1. Private Limited company
2. One person company
3. Limited Liability Partnership
4. Partnership firm

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