Establishing a establishment in india by foreign company

Save Share

This query is : Resolved

bittu thomas CA Final (Querist)
Follow

23 May 2013 My uncle who is residing at Australia having citizenship of indian origin wants to start a wholly subsidiary company in india to start business related with TIMBER. so what are the formalities & procedure to incorporate the above company & whose approval is needed to be taken & what are the legal frameworks which would be applicable to the company

Anil Sankar V

Anil Sankar V (Expert)
Follow

23 May 2013 is he investing the money, if yes,intimation and approval of RBI, the capital invested in india shall be within the limits specifed by RBI.

CA. Anuj Gupta

CA. Anuj Gupta (Expert)
Follow

24 May 2013 Dear Bittu Thomas,

I suggest you to kindly engage a person having in depth knowledge of the procedures involved,may be locally, to accomplish the job.

Anuj
femaquery@gmail.com

C A S.S.Agarwal, M.Com.,LL.B,

C A S.S.Agarwal, M.Com.,LL.B, (Expert)
Follow

13 July 2013 Yews I agree with the expert but the thing is this first he has to register one comapny then he can buy the 100% shares in Indian Company to make that as wholly subsidiary of the Australian Company. For this expert advice and help is to be taken which will have some cost it will not be done free

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now