Foreign direct investment
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
18 November 2017
I wanted to know if a person who has lived outside India and is having citizenship of that country (he has lived outside India for 10 years), after shifting to India and having a PAN and Aadhaar card (he is now resident and ordinary resident since last 2 years), make FDI in Indian LLP?
Will it be considered as FDI?
Will it be considered as FDI?
18 November 2017
As he is ordinarily resident of India hence his investment will not be considered as FDI
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