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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
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
11 January 2014 answer to all the questions is yes except for that he is not required to come to India.
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
12 January 2014 1. yes
2. yes correctly said.
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