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Need help - foreigner opening sole proprietorship business

312 views 1 replies

Hi,

I am a Canadian in India on a tourist visa. I wish to have information about the procedure to start a sole proprietorship business in India.
 

I can get plenty of information about how NRIs can do it, by getting a PAN card, which seem impossible for a foreigner to get. From my further readings, it seems I need to get approval from RBI and FDI, but I can’t find any information about HOW to ask for their approval.
 

I would greatly appreciate any information on that matter.

Thanks

Replies (1)

Please refer para 3.2.2 of FDI policy of the government on proprietorship concerns:

 

https://dipp.gov.in/English/Policies/FDI_Circular_2015.pdf

 


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