Regarding set up of foreign company

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mohammad nauman

mohammad nauman (Querist)
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29 November 2013 Sir ,
Any foreign company can setup diamond trading activity business in India.

CA Harish Shyam Choudhary

CA Harish Shyam Choudhary (Expert)
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29 November 2013 yes, they can set up an trading business in India through creation an Private Limited company wholly owned by foreign company or with maximum share.

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mohammad nauman

mohammad nauman (Querist)
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29 November 2013 thank u so much for your feed back sir,
but as per law stated in this regards Pvt ld co WOS can be manufacture, marketting , and servicing industry.will you please provide guidance in detail.

CA Harish Shyam Choudhary

CA Harish Shyam Choudhary (Expert)
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29 November 2013 An private Company, Wholly owned foreign company cannot undertook manufacturing activity, but he conduct trading activity or can provide any service.

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mohammad nauman

mohammad nauman (Querist)
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29 November 2013 sir sorry to you disturb you,
whether a diamond trading co. can open a retail trading showroom in mumbai?

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