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Neel (V)     24 September 2021

Can OCO card holder start proprietorship business

If Oacai card holder can't start One person company then can he start sole proprietorship in financial services (shares trading, PMS, Selling loan products)? Any permission needed from RBI

 1 Replies

Dhirajlal Rambhia

Dhirajlal Rambhia (SEO Sai Gr. Hosp.)     25 September 2021

Yes. for Financial services business, now-a days RBI is reluctunt to give permission for NFBS to OPC or LLP..

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