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Can an American greencard holder do business as a proprietor in India?


26-Dec-2023 (In Corporate Law)
Can a American greencard holder do business as a proprietor in India?
Answers (3)

Answer #1
652 votes
My humble salutations to you and your team, A foreign citizen has to take permission of RBI to hold DIN and tax no. as a long term measure. For being a proprietary concern one has to contact the Panchayat board, municipal board or Corporation authorised to administer the Shops and establishment act. Many thanks
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Answer #2
598 votes
Sir, You can do any business in India irrespective of you holding a Green Card. Since you have Indian Citizenship you can enjoy all the perks. It won’t hinder your prospect of doing business in India. Hope this helps. Regards, S.K.Chowdhury
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Answer #3
978 votes
Sir/Ma'am, Yes, you can do business in India though you are an American Green Card holder, non citizen of India under proprietorship, but you need to have shown permanent office in India and such office must be run by any Indian share holder having at least 51% share in business or equivalent asset in India. For more query contact us.
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