Can Resident Indians incorporate a Company/LLC outside India

CA. Anuj Gupta , Last updated: 27 July 2011  
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I am being asked this query on almost daily basis by my friends and colleagues and all of them are of view that incorporation of Companies/LLC outside India is permitted in FEMA by RBI under Liberalized Remittance Scheme, 2004. To get the answer of this question we need to understand the Liberali

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CA. Anuj Gupta
(Practices in NRI, Int.Tax, FEMA, TP , FDI/FIPB & FCRA)
Category Corporate Law   Report

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