To Start a new company
This query is : Resolved
06 January 2011
A French Company wants to start a new company in India and the main aim is to train & educate students in finance & management sector
she wants to form 100% Subsidiary company of the Parent company, can she?
Else what other option does it have
she wants to form 100% Subsidiary company of the Parent company, can she?
Else what other option does it have
06 January 2011
yes the french company can establish a 100% wholly owned subsidary in India provided that more than two persons shall be the director of the company, should be Indian citizen and the company shall be registered as a company in the state where the company wants to carry on the business.
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07 January 2011
As i have understood, under FEMA foreign company cannot do the business in education sector.
Under the following circumstances is it allowed?
Under the following circumstances is it allowed?
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