UK based co engaged in consulting services wants to start its operations in india.
1) What are the different ways / forms to start operations in india, permission from RBI
a) To register pvt ltd company in india with equal share ownership between UK director and Indian Director. Or to form a wholly owned subsidiary of foreign company.
b) Can a foreign company start subsidiary company in india - what is the procedure and can they issue 50% shares to indian director for indian subsidiary
c) Indian company for its operations will need funds from UK. can it come from UK in form of loan - If yes then under what form of co it is allowed. Procedure for repayment of loan funds to UK from india
d) The 50% of indian operations profits are required to be sent back to UK. Request to share the procedure for same. Will it be in the form of dividend ?
e) What form of owner ship is the best for india operations in terms of tax savings
f) It would be great if you can share step by step guide
Thanks
Prashant Dedhia
prashantrd1980 @ gmail.com
CAclubindia
