Dear All,
I have an idea and i am working to get some investments (Seed) funding from abroad.
These are my questions,
1. Can i do that?
2. How do i repay that?
3. Can i get the funding as Loan and Pay back with Interest?
4. Can i borrow the fund from NRI friend of mine and repay with Interest.
Thanks for all for taking time and enlightening me on this subject.
Noel
1.Sure you can do that.
2.You can repay from Income you earn in future.
3.Yes.
4. Yes, but subject to certain conditions prescribed by RBI.
Anuj 0-9810106211
how to aplly ECB,
please give us a link.
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
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