Starting company by nri

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Querist : Anonymous

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Querist : Anonymous (Querist)
10 January 2014 1 ) Can an NRI from UK start a company in the status of an nri ? will he need to come to india for the proceedings ? can he do the same from UK? Can he draft Memorandum & Articles from UK itself and send to some professional in india for doing the other proceedings here ?

2 ) Can an NRI contribute foreign money to the increase in share capital of a company incorporated in india ?

Please advice

11 January 2014 answer to all the questions is yes except for that he is not required to come to India.

12 January 2014 1. yes
2. yes correctly said.


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