i want to enter into the currency exchange business...
but the currencies that i want to deal with are generally e currencies like paypal,alertpay(payza),moneybookers,liberty reserve,perfectmoney and several others..
so i want to know that do i need RBI permission to start this type of business activity.
or just following FEMA guidelines by incorporating company will complete my task.
looking for professionals to answer my question as i am a newbie here and looking forward to do this kind of business in india legally....
CAclubindia
